Negative Pound Week on Budget Deficit
November 21st, 2009
The pound had a negative week versus the U.S. dollar as the U.K. posted its worst deficit figures since the measurement start, decreasing attractiveness for the British currency which performed positively in the previous week.
Australian Dollar Posts Weekly Drop on Stocks
November 21st, 2009
The Australian dollar had one of the weakest performs in the past months this week as stocks declined worldwide, declining attractiveness for riskier assets as the opportunities available in the Australian
South African Rand Down on Rally Concerns
November 20th, 2009
The South African rand had the first week of decline this month as speculations suggested that the currency’s rally could be a problem for the country’s economic future.
Canadian Dollar to Tumble Further?
November 20th, 2009
The Canadian dollar is ending this week’s session as the worst in more than two months as stocks and commodities, extremely influential to determine the rates and sentiment for the loonie dropped, setting the North American currency losing streak further down.
Dollar Advances on Stocks Weak Performance
November 20th, 2009
The dollar gained versus most of the 16 main traded currencies today as speculations surged that current levels for stocks are not backed by fundamental evidences, forcing equities down and bringing investors to purchase Treasury bonds to protect their portfolios.
Swiss Franc Drops on Financial Regulations
November 19th, 2009
The Swiss currency lost against most of the 16 main traded currencies as speculations suggests that the country is likely to tighten its financial regulations, decreasing attractiveness for the franc.
Chilean Peso Down on Central Bank Statement
November 19th, 2009
The Chilean peso had a rally that set it to the highest rate in 2009 stopped after the central bank made a declaration regarding the current currency’s strength.
Canadian Dollar Deepens Losing Streak
November 19th, 2009It has not been a favorable day for the Canadian dollar as stocks went down globally, the crude oil, one of the nation’s main export tumbled, and more risk averse traders opted for the safety of Canada’s counterpart currency in the United States.
Yen Gains on Bearish Stocks Session
November 19th, 2009
The Japanese currency was one of the biggest winners together with the U.S. dollar in trading markets this Thursday, as stocks fell globally, declining appeal for
Mexican Peso Advances as Rates Won’t Be Cut
November 18th, 2009
The Mexican peso had a positive performance today versus the greenback as interest rates are unlikely to have further cuts, attracting investors to inject capital in the North American country.
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