August 24th, 2009
The Russian currency gained versus the U.S. dollar and several other currencies as the crude oil climbed again today, fueled by optimism regarding the world economic recovery.
August 24th, 2009
After climbing for several weeks in a row, today the Mexican peso declined versus the greenback, on speculations that the current rates would be too high, attracting investors towards the U.S.
August 24th, 2009
After losing massively towards the end of the past week due to a wave of renewed risk appetite, the Japanese currency was unable to pare its losses as optimism remains strong in trading markets worldwide, damping demand for the safety profile of the yen.
August 24th, 2009
The forint is starting this week under pressure falling from the highest level in almost 10 days before the Hungarian central bank meeting today, which is likely to slash the national benchmark interest rate to a record low for the country since the end of the socialist era.
August 23rd, 2009
The U.S. currency lost towards the end of the past week as several factors improved investors’ confidence worldwide, attracting investors to emergent-market currencies, as commodities and stocks surged fueled by positive reports in Europe and Asia, shunning investors from greenback priced assets.
August 21st, 2009
The Canadian dollar extended its yesterday’s gains today as optimism rose worldwide regarding the so much waited economic recovery, pushing commodities that influence loonie’s rates up.
August 21st, 2009
The Japanese currency declined before the end of this week’s session on improved U.S. housing data, suggesting that the wealthiest country in the world is finally reacting economically from the worst recession in decades.
August 21st, 2009
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.
August 21st, 2009
Germany and France posted favorable reports today indicating that the wealthiest countries in the Eurozone may be finding its way out of recession, evidence which helped the euro to gain versus several currencies towards the end of this week’s session.
August 20th, 2009
The Brazilian real declined today slightly, after three consecutive days performing positively, as U.S. jobless claims posted an unexpected rise, damping demand for emergent-market currencies.
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