Australian Dollar Pare Losses on Inflation

The Australian dollar managed to gain versus lower-yielding currencies before a report to be released this week in the country is likely to show an advance in inflation in the last year’s last quarter, helping speculations…

Read More

Stocks Push Loonie Further Down

The Canadian dollar continued its last week trajectory this Monday as markets that have strong correlation with its price operated on the red globally, forcing the loonie down versus virtually…

Read More

Pound Bullish Before GDP Report

The pound rose in the beginning of this week’s trading session before a gross domestic report to be published tomorrow in the U.K., which according to forecasts will show positive figures, making the Great Britain…

Read More

Yen More Attractive on Renewed Risk Aversion

The yen ended the week with a very positive performance versus most of the main traded currencies as a new wave of risk aversion brought traders to purchase assets in the Asian country, since the yen is…

Read More

Pound Ends Week Falling on Retail Sales

The U.K. currency retreated from a previous advance versus the euro as attractiveness for the currency declined after a report showed worse than expected numbers for monthly retail sales in Britain before the end of this…

Read More

Canadian Dollar Falls Further on Retail Sales

The Canadian currency is going to end this week with the worst performance since the year started, as commodities and stocks declined during most of the week and today a retail sales report showed negative…

Read More

Canadian Dollar Down on China, U.S. Statements

The Canadian dollar was one of the most affected currencies by a new wave of risk aversion today as the country’s currency has a strong correlation with stocks and commodities markets, which fell significantly on statements…

Read More

Yen Best Performer on Trading Restrictions

The yen outperformed most of the 16 main traded currencies after the U.S. President affirmed that financial institutions must have their operations regulated in order to avoid speculations, raising risk aversion…

Read More

U.K.’s Budget Deficit Halts Pound Rally

The pound dropped yesterday and today ending a winning streak of more than a week versus several currencies as the country’s budget deficit increased to an all time record high, showing that despite positive…

Read More