The yen had another day of losses as equities markets around the world rebounded, damping demand for the Japanese currency as a refuge, and making high-yielding currencies to climb. The first solid signs of economic recovery in the European…
Posts published in “News”
A Chilean government plan is likely to continue to push the national currency up, as it will sell $40 million daily in the Foreign-Exchange market, boosting confidence for the South American currency. The Chilean government affirmed in June 15 that a plan…
Pound Slides on Unexpected Negative Data
Retail sales dropped in May for the first time in three months, a fact that was not predicted by analysts, weighing negatively on the pound outlook for this Thursday making…
The Brazilian currency dropped to the lowest level in two weeks after weak global economic data decreased confidence among investors, attracted by safety and damping demand for commodities and emergent markets currencies. Brazils real…
Dollar Falls Slightly as Interest Rate Speculations Grow
The dollar posted slight losses against currencies like the Singaporean dollar and the yen after speculations that the Fed will not increase its interest rates…
Pound Drops After Rise in Unemployment
The pound posted losses versus the main currencies after a bearish day in the stock market followed by a rise in the United Kingdom unemployment figures, damping demand for the…
Euro Rebounds Versus Dollar on German Confidence Report
After days of decline versus the dollar, the euro climbed against the greenback after the German economic sentiment rose at a level higher than expectations, creating speculations of a quick…
Yen Rises as Stock Losses Spur Demand for Safer Assets
The yen had a day of massive gains versus the main high-yielding currencies as Asian stocks fell after speculations that a report may indicate a slowdown in U.S. industrial production, creating a risk aversion…
Latvia’s Government Sells National Currency
The Latvian Government sold lati after the currency reached its trading band limit, being the first sell since the month of November, as the nation…
Dollar Climbs After Russian Minister Declaration
The dollar had the highest rise in a week against most of the main currencies after Russian Finance Minister Alexei Kudrin stated that the nation has full confidence…