The British currency managed to revert a downtrend versus the dollar, euro, and several other main traded currencies after the Bank of England signaled it will not continue its asset purchase program,…
Rand Pare Losses on Rates Speculations
The South African rand erased losses from the beginning of the way today on speculations that interest rates in country will not be cut, raising attractiveness for the high-yield profile of the South African currency.…
Record High for Brazilian Currency as Stocks Climb
The Brazilian currency was one of those which benefited today from a growing optimism in stocks and commodities markets, attracting traders to emergent markets and setting the highest rate for the Brazilian currency versus the greenback…
New Zealand Dollar Hits Record High on Accounts
The kiwi, how often the New Zealand currency is referred to, touched an eleven-month high versus the greenback and gained versus most of the 16 main traded currencies as international and domestic factors raised…
Dollar Tumbles on Stocks and Optimism Rebound
After gaining slightly versus most of the 16 main traded currencies yesterday as stocks fell and risk appetite declined, today market trends reverted, attracting investors to yield and setting a new record…
Brazilian Real Down on Trade Surplus Revision
Domestic and International events brought the Brazilian currency down today after touching the highest rate in one year last week, suffering the consequences of corrective movements in trading markets combined with a degree…
Canadian Dollar Declines Further on Commodities
The Canadian currency, highly linked to commodities and equities markets fluctuations declined today as corrective movements affected stocks globally, as optimism is not as significant as last week among investors. The loonie, as often…
Bank of England Forces Pound Down Once Again
The British currency is trading at record low levels versus the euro and the dollar as the national central bank affirmed that the real exchange rates for the pound may have been affected by the crisis,…
FED Speculations Help Dollar’s Rally
The dollar started the week rallying versus most of the 16 main traded currencies in foreign-exchange markets, as speculations among traders suggest that the Federal Reserve will not extend the current economic stimulus…
Brazilian Real Rises on Foreign Investment
The Brazilian currency ended a third week of straight gains versus the greenback, the pound and several other major currencies as optimism and risk appetite is pushing traders to inject money in South America’s wealthiest…
Canadian Dollar Drops From Record High on Stocks
The Canadian currency did not manage to extend its rally that brought the loonie to the highest rate in one year as a corrective movement affected stocks today, influencing the loonie’s outlook negatively. The Canadian…
Dollar Recovers on Banking Sector Concerns
After hitting several lows versus multiple currencies during the past days as risk appetite surged in equities markets, the dollar rebounded slightly towards the end of this week’s session, as concerns regarding…