The yen started this Thursday’s session in Asia gaining versus currencies regionally and globally, on speculations that local investors are repatriating capital before the Japanese fiscal year ends in the following weeks.(…)
Read the rest of Yen Reverts Losing Trend on Domestic Speculations (133 words)
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The Chilean peso oddly profited from a natural tragedy that impacted the country in the first night of this month, as speculations suggest that the reconstruction process in the country, will allow the country’s economy to accelerate.(…)
Read the rest of Chilean Peso Climbs After Earthquake (59 words)
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The Canadian dollar started the month of March on a bullish pattern after policy makers in the country affirmed that inflation is slightly above what the Bank of Canada expected, fueling speculations that interest rates may be hiked in the country anytime soon.(…)
Read the rest of Canadian Dollar Profits from Central Bank Comments (123 words)
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The euro had the sharpest gains today this week as speculations that Greece will be bailed out by public lenders associated with worse than expected real state data in the U.S. were supportive for a corrective movement on the euro’s charts.(…)
Read the rest of Euro Rebounds on Greek Crisis Comments, U.S. Home Sales (129 words)
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The U.K.’s currency continued to decline as speculations that a new long term crisis is likely to unfold in Britain as concerns regarding the country’s record budget deficit will be a solid obstacle on the way for economic recovery, setting the pound down mainly versus refuge currencies.(…)
Read the rest of U.K.’s Pound: New Budget Deficit Victim? (146 words)
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The euro has just touched a new record low for 2010 versus the greenback and the yen on speculations that Greece will suffer its first credit downgrade this year, which would follow the two previously suffered last year as the southern European nation started to agonize with its growing budget deficits.(…)
Read the rest of Euro: The Endless Pit in 2010 (148 words)
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After gaining since the beginning of this trading session on speculations that a robust U.S. economy would provide grounds for borrowing costs to rise in the following months, the dollar slid as government officials stated otherwise.(…)
Read the rest of Dollar Ends Rally on Interest Rates Comments (82 words)
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The Swiss franc advance has been a subject of great concern among central bankers in the tiny European nation as exporters are being affected by its high prices, raising speculations that the SNB is selling the currency to prevent its advances.(…)
Read the rest of Speculations Regarding SNB Affect Franc (74 words)
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The Australian dollar is profiting from speculations that a new series of interest rate hikes is likely to follow in the South Pacific nation, as its economy continues to improve, allowing the currency to gain versus its main rivals on foreign-exchange markets.(…)
Read the rest of Aussie Dollar at High Levels on Rates Outlook (159 words)
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The British pound was one of the worst performing currencies today in foreign-exchange markets as its monthly budget deficit for January decreased appeal for assets in the country and fueled speculations that economic stimulus will be need for a longer period to help the kingdom’s economy to grow.(…)
Read the rest of Pound Suffers as British Economy Struggles to Rebound (159 words)
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