The Canadian dollar had one of the worse weekly performances in months as a decline in crude oil prices towards the end of this week affected negatively the loonie’s outlook, considering the energetic commodity as one of the main…
Brazilian Real Declines Again on Slow Economic Recover
The Brazilian Real had an extreme volatile week, declining again towards the end of this week’s session after hitting the highest rate in 2009 versus the greenback days earlier. A rather bearish tone…
Yen Extend Gains after G-20 Meeting
The Group of 20 meeting moved market sentiment towards the end of this week’s session, and the yen was one of the best performing currencies climbing to a seven-month high after statements made in the meeting. Japan’s…
Pound Touches Record Low on G-20 Meeting
The British currency was once again affected by the international economic scenario reaching the lowest rate versus the euro in six-months, as the G-20 announced that banking institutions will be better regulated in order…
New Zealand Dollar Climbs on G-20 Stimulus
The New Zealand currency has been one of the best performers among the 16 main traded ones in foreign-exchange markets, since the global economic recovery brought risk appetite back among investors…
Faltering Oil Affects Canadian Dollar Performance
The Canadian dollar along as other high-yielding currencies, witnessed a fall today in trading markets as the crude oil price, one of the main nation’s exports, declined sharply, affecting the loonie’s performance in foreign-exchanges markets…
Stocks Force Brazilian Real Down
Global stocks declined today on speculations that interest hikes around the world will be delayed, decreasing attractiveness for higher-yielding emergent market currencies like the Brazilian real, which declined from…
Australian Dollar Climbs on Banks’ Resilience
The Australian dollar climbed today versus most of the 16 main traded currencies as the national central bank affirmed that the largest financial institutions in the country showed themselves resilient from the crisis and are…
Yen Climbs as Capital Returns to Japan
After three days without financial activities in Japan due to a national holiday, speculations suggested that Japanese capital invest abroad was repatriated today before the end of the fiscal year’s first…
Dollar Rebounds as Pessimism Surges
The dollar changed its losing trend after the Federal Reserve brought pessimism regarding the economic recovery in North America back to trading markets, attracting investors once again to the relative safety of the greenback.…
Canadian Dollar Declines on National Bank Statement
Canada has been one of the fastest economies to recover from the recession that impacted the world last year, but the Bank of Canada is stressing on the fact that strong currency may delay…
Risk Appetite Continues to Punish Greenback
The dollar proved itself unable to resist a new wave of risk appetite this week that set the greenback to the lowest levels in 2009 versus several currencies in virtually all economic regions in the world,…