The U.S. dollar together with the Japanese yen were the top performers in currency markets before the end of this week’s trading session as multiple events worldwide set risk aversion to higher levels, as the news released today indicated negative surprises for financial markets’ investors.(…)
Read the rest of Dollar Ends Week Advancing on Uncertainties (117 words)
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The pound lost today versus multiple important currencies as both the domestic and the international market scenarios were rather pessimist before the end of this week’s session, setting the pound to plunge once again paring the advances earned during the middle of the week.(…)
Read the rest of Recession’s Return Sets Pound Down (140 words)
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The pessimism returned to financial markets today as European economic problems made the headlines once again in most financial websites this Thursday. Markets that influence the loonie, as the crude oil and other raw materials slid, affecting also the loonie’s advance.(…)
Read the rest of Loonie’s Rally Ends on Oil Drop (125 words)
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The European single currency slid for another day versus most of the 16 main trades ones in forex markets as Greece and the EU are exchanging accusations towards each other regarding the southern country budget crisis and how it should be solved, shunning investors from the Eurozone.(…)
Read the rest of Greek-IMF Funding Threat Pulls Euro Down (153 words)
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The Canadian dollar gained for another session, in a rally that seems to be endless, as the Federal Reserve ratified its dovish position on its interest rates, allowing the strong flow of capital from the U.S. towards north to continue for another day.(…)
Read the rest of Canadian Dollar Flirts with Greenback Parity on Commodities (125 words)
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The euro lost versus against most of the main traded currencies this Wednesday as Greek budget deficit was once again hitting the headlines of European news, decreasing appetite for the bloc’s single currency, as currencies tied to growth topped the performance rank in forex markets today.(…)
Read the rest of Euro Couldn’t Sustain Gains on Budget Concerns Return (136 words)
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After a rather gloomy start of the year for the loonie as investors returned to the U.S. as its economy picked up in the two moths of 2010, the Canadian dollar is once again making its way towards parity with its U.S. counterpart, as commodities and stocks continue to push its rates up.(…)
Read the rest of Loonie to Reach Parity with Greenback? (127 words)
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The dollar has started this week losing versus important currencies after the Federal Reserve made dovish statements regarding the country’s interest rates outlook, shunning investors to purchase assets in North America, making riskier assets to climb considerably.(…)
Read the rest of Dollar Suffers from Fed Rates Policy (131 words)
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The British pound had a positive performance before the weekend as both domestic and international scenario brought favorable news and consequently traders to purchase assets in the country, as a real estate report revived confidence towards U.K.’s economy.(…)
Read the rest of U.K. Housing Data Boosts Pound’s Rally (124 words)
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Currencies tied to growth outperformed the U.S. dollar as risk appetite was predominant before foreign-exchange markets closed this Friday, considering that retail sales in North America expanded in the monthly comparison, raising optimism to higher levels among investors.(…)
Read the rest of Dollar Down Before Weekend on Riskier Bets (141 words)
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