The Brazilian real, together with most emergent markets currencies, climbed today, specially versus the greenback and the yen, as risk appetite returned to markets on renewed optimism.(…)
Read the rest of Brazilian Real Benefits From China’s Manufacturing (55 words)
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After Dubai affirmed that it will delay its debt payments, emergent markets currencies like the Russian ruble rated among the most affected, but central bankers affirm that this decline will help exporters’ competitiveness, treating the event with an odd optimism.(…)
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TAfter Dubai announced that it intends to delay debt payments, emergent markets and commodities fell worldwide, declining attractiveness for the South African currency in foreign-exchange markets this Thursday.(…)
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The South African rand, one of the best performing emergent market currencies in 2009 fueled by a commodities prices rally, extended its gains further today as a report published showed that the country’s economy returned to growth, adding attractiveness for the already winning rand this year.(…)
Read the rest of Rand Advances as Recession Officially Ends (156 words)
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The Brazilian real had one of the best weeks in more than 2 months as demand for commodities and emergent markets assets rose globally, maintaining the real as the best performing currency in 2009 among the 16 main traded ones in foreign-exchange markets.(…)
Read the rest of Brazilian Real Gains Sharply on Risk Demand (73 words)
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The Polish zloty has been one of the best emergent market currencies since the world start to post its first signs of economic improvement in the first semester of this year, and today after a central banker affirmations regarding the future of the Polish currency, the zloty rallied further among its Eastern European rivals.(…)
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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 since the global slump started last year.(…)
Read the rest of Record High for Brazilian Currency as Stocks Climb (79 words)
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After rallying for several days in a row together with most emergent market currencies as optimism rose globally, the Mexican peso had its first decline versus majors as jobless claims are still on the rise in U.S., raising concerns of the employment conditions in the wealthiest country of the world.(…)
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The Chilean peso was one of the emergent markets currencies that benefited from the latest U.S. reports which fueled high-yielding currencies rally and increased traders’ confidence to purchase riskier assets in economic regions like Latin America and the South Pacific.(…)
Read the rest of Chilean Peso Gains on U.S. Positive Reports (64 words)
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The Brazilian real, the best performing currency among the emergent markets, rose today after the German and French positive PMI reports, which brought investors back to riskier assets relying on speculations that the economic recovery has already started.(…)
Read the rest of Brazilian Real Climbs on European Confidence (152 words)
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