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The Brazilian real is starting this month extending last week’s advance and reverting a negative trend from the beginning of the year, as the appeal for assets in the country are attracting foreign capital inflows and helping the real to beat a number of currencies in foreign-exchange markets.(…)
Read the rest of IPO Boosts Demand for Brazilian Real (136 words)

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The emerging market Brazilian currency advanced today after carnival’s bank holidays, fueled by a rally in the nation’s stocks supported by better than expected data published today in the U.S., allowing the real the reach high levels versus the pound and the euro.(…)
Read the rest of Brazilian Real Profits on National Stocks Advance (72 words)

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After reaching almost its record high versus the U.S. dollar this month as risk appetite rose globally, the Canadian dollar slid as U.S. economic data published today attracted traders to inject capital in the world’s wealthiest nation, decreasing appeal for assets in its Northern neighbor.(…)
Read the rest of Canadian Dollar Slides Versus Greenback on U.S. Data (152 words)

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The European single currency gained considerably versus the U.S. dollar and the Japanese yen as traders considered the lack of attractiveness for the euro too strong as Greece’s budget crisis is not so serious in terms of practical consequences for the European Union’s economy.(…)
Read the rest of Euro Advances as Greece Concerns Considered Excessive (146 words)

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After several weeks dropping on high risk aversion, the Brazilian real benefited from positive news this week coming from North America and Europe, attracting investors back to emerging markets, allowing more attractive riskier assets in Brazil to force the nation’s currency up in foreign-exchange markets.(…)
Read the rest of Brazilian Real Posts Weekly Rebound on Optimism (72 words)

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After several sessions of strong risk aversion affecting emerging market currencies, optimism returned among traders on expectations that an European Union proposal to rescue Greece will boost appeal for riskier assets, allowing the won to outperform other Asian currencies.(…)
Read the rest of South Korean Won Rises on EU-Greece Aid Plan (141 words)

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The krone rose today as Norway’s chief export, the crude oil, reverted a negative trend that forced commodity linked currencies down during most of last week’s trading session as concerns regarding Europe’s rising budget deficit eased slightly today.(…)
Read the rest of Crude Oil Advance Favors Norway’s Krone (84 words)

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After a bearish last week that forced emerging market currencies down versus refuge investments in the U.S. and Japan, risk appetite returned timidly today, allowing the South African rand to climb as commodities rebounded.(…)
Read the rest of South African Rand Climbs on Commodities Rebound (74 words)

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The yen dropped started this Wednesday dropping versus most of the 16 main trading currencies as renewed risk appetite declined attractiveness for the Japanese currency, known for its safety profile that traders tend to abandon as market sentiment improves.(…)
Read the rest of Yen Drops as Riskier Assets Gain on Confidence (70 words)

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The U.S. dollar failed to pare yesterday’s losses as risk appetite continued to favor higher-yielding and commodity related currencies, erasing partially last week’s advance for the greenback as factors supporting the dollar’s strength continued to fade this Tuesday.(…)
Read the rest of Dollar Slides Versus Commodity-Linked Currencies (143 words)

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