The Brazilian real continued to be influenced by bearish equities and commodities markets and did not manage to pare gains after falling during the most of the time last week.
Click to continue reading “Brazil Real Remains Near 2010 Record Low”
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Brazil Real Remains Near 2010 Record Low
Posted by yehya on January 26th, 2010
The Brazilian real continued to be influenced by bearish equities and commodities markets and did not manage to pare gains after falling during the most of the time last week.
Posted in 
Australian Dollar Pare Losses on Inflation
Posted by yehya on January 26th, 2010
The Australian dollar managed to gain versus
The Aussie rebounded after losing versus most of
AUD/USD traded at 0.9053 as of 00:09 GMT from a previous rate 0.9034 when markets opened Sunday evening.
If you want to comment on the Australian dollar’s recent action or have any questions regarding this currency, please, feel free to reply below.
South Korean Won Biggest Loser in Asia on Risk Aversion
Posted by yehya on January 23rd, 2010
The South Korean currency, one of the best performers in 2009 among Asian emerging markets, had a severe weekly decline as risk aversion remained predominant after China’s statements regarding new regulations on its economy.
After China announced it will take further measures to control inflation in the country, which can be understood with implied slower economic growth, the South Korean currency declined versus most of its main trading partners currencies, as was the worst performer in the Asian region this week in
USD/KRW ended the week at 1,152.50 from an opening rate of 1,136.2 this Friday.
If you want to comment on the Korean won’s recent action or have any questions regarding this currency, please, feel free to reply below.
New Zealand Dollar Rebounds on Retail Sales
Posted by yehya on January 21st, 2010
After losing significantly during most of this Wednesday’s session as risk aversion prevailed globally, the kiwi rebounded in currency markets as retail sales advanced in the country reviving the confidence regarding the Southern Pacific economy.
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Brazilian Real Drops Further on Risk Aversion
Posted by yehya on January 21st, 2010
The Brazilian real touched the weakest level in a month as risk aversion remained predominant in today’s trading session globally, since equities and commodities markets continued to follow a bearish trajectory in most of the
Brazil’s real suffered another impact today as China’s lending restrictions announced last week continue to influence risk levels in trading markets globally.
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Canadian Dollar Suffers Huge Impact on Inflation, Risk Aversion
Posted by yehya on January 21st, 2010
The Canadian dollar ranked among the worst performers in currency markets today as risk aversion influenced commodities and equities trading, which are strongly related to the loonie’s rates as weak economic data in the country also influenced the confidence towards Canada’s currency.
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Dollar Benifits From Chinese Lending Requirements
Posted by yehya on January 21st, 2010
The dollar gained today versus most of the 16 main traded currencies as China tightened its lending restrictions, raising risk aversion in
The U.S.
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Pound Advances Further Versus Euro on Inflation
Posted by yehya on January 20th, 2010
The British currency had a favorable performance today versus multiple
After inflation surpassed analysts estimates and Bank of England’s target today, the pound gained considerably versus most of the main traded currencies, specially versus the euro, as Greece’s budget deficit is still affecting the currency’s outlook, and ths Swiss franc, which had a rally halted as fears of interventions from the nation’s central bank emerged.
EUR/GBP slid to 0.8727 as of 23:41 GMT from a previous rate of 0.8785 yesterday.
If you want to comment on the Great Britain pound’s recent action or have any questions regarding this currency, please, feel free to reply below.
Swiss Franc Tumbles on Intervention Fears
Posted by yehya on January 20th, 2010
The Swiss currency finally felt the central bankers pressure and declined considerably versus most of its main trading partners’ currencies, on speculations that measures will be taken by the financial authorities to avoid the franc to gain.
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Euro Slides After German Sentiment Report
Posted by yehya on January 19th, 2010
The euro tumbled today versus most of the
The European single currency dropped versus most of the 16 main traded currencies today as the outlook for the economic bloc declined considerably after theGerman ZEW Economic Sentiment report brought negative data to traders, which opted for other currencies in the region and overseas as Germany is the main economy currently using the euro.
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Canadian Dollar Tumbles on Rates Outlook
Posted by yehya on January 19th, 2010
The Canadian dollar fell today after the nation’s central bank left interest rates unchanged at an all time record low, declining rate hikes speculations despite the favorable economic data published in Canada during the past few weeks.
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Swiss Franc Climbs Despite Intervention Warning
Posted by yehya on January 18th, 2010
The Swiss franc gained versus several
Even if the Swiss National Bank President Philipp Hildebrand stated last week that franc’s fluctuations will be monitored closely, expressing concern with the Swiss currency high rates, the franc advanced today versus the euro as traders feel it is still undervalued versus the European single currency. According to analysts, the SNB will impose more than verbal interventions anytime soon as long as the franc continues bullish.
EUR/CHF traded at 1.4740 as of 21:31 GMT from an opening rate of 1.4753 yesterday.
If you want to comment on the Swiss franc’s recent action or have any questions regarding this currency, please, feel free to reply below.
Real Rebounds on Brazilian Stock Market
Posted by yehya on January 18th, 2010
After a week of losses versus most of the main traded currencies in
The Brazilian real gained today versus the yen and the U.S.
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Pound Climbs on House Prices, Optimism
Posted by yehya on January 18th, 2010
The U.K. currency profited today from an increase in the nation’s house prices, fueling even further speculations that the recession might be ending in Britain, attracting investors to purchase
In a day of predominant risk appetite as commodities and equities advanced in the U.K., the pound profited from an optimistic scenario in the country as Rightmove Plc, a leading British real estate website, indicated that house prices increased last month, adding evidences for speculations that Bank of England’s current asset purchase program may expire next month and not be extended further, which would certainly allow the pound to climb in
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Canadian Dollar Continues Bullish Pattern on Commodities
Posted by yehya on January 18th, 2010
The Canadian dollar started another week trading high versus its U.S. counterpart as markets that influence its rates rallied in the start of this week, specially energetic and metallic commodities, before tomorrow’s interest rate decision in the North American nation.
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