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”
Posts Tagged ‘Assets’
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 
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.
Click to continue reading “Dollar Benifits From Chinese Lending Requirements”
Yen Benefits from China’s Lending Restrictions
Posted by yehya on January 15th, 2010
Demand for safety rose today as concerns among investors that Chinese lending limits announced this week by the nation’s government may impact the global economic performance, allowing the yen to beat all of the main traded currencies in
The yen gained today versus greenback as reports in the world’s wealthiest country came slightly below forecasts, also showing a slow down in the inflation.
Click to continue reading “Yen Benefits from China’s Lending Restrictions”
Yen Tumbles as Australia Fuels Risk Rally
Posted by yehya on January 14th, 2010
The Japanese currency declined in the beginning of this Thursday’s session on Australia’s better than expected employment data, which increased attractiveness for riskier assets as the South Pacific economy recovery improves confidence among traders.
The yen, known as the best refuge currency for times of uncertainty, declined today as unemployment surprisingly fell in Australia, bringing Japanese investors to buy riskier assets overseas, as the Australian economic recovery indicates better economic conditions not only in the South Pacific region but also among its main trading partners.
AUD/JPY traded at 85.01 as of 02:35 GMT from a previous rate of 83.89 in the intraday chart.
If you want to comment on the Japanese yen’s recent action or have any questions regarding this currency, please, feel free to reply below.
Australian Dollar Climbs on Unemployment Rate
Posted by yehya on January 14th, 2010
The Australian dollar climbed after employment figures were published in the country with
After unemployment in Australia declined to 5.5 percent and surprised forecasts that expected an increase, the Aussie dollar gained versus most of the main traded currencies, specially
AUD/CAD traded at 0.9579 as of 02:27 GMT from 0.9504 hours before the employment figures were published in Australia.
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.
Norwegian Krone Tumbles as Commodities Rally Slow Down
Posted by yehya on January 12th, 2010
After several days gaining versus the dollar and the euro, the Norwegian currency slid versus main traded currencies as a bearish day in equities markets and decreased demand for commodities shunned investors from assets in the Nordic country.
The Norwegian krone was affected today as the crude oil, the nation’s chief export, had a decline on its rates after China imposed new lending requirements for banks in the country, affecting markets’ sentiment, consequently impacting stock markets and demand for
USD/NOK traded at 5.6518 as of 19:08 GMT from today’s opening rate of 5.6174.
If you want to comment on the Norwegian krone’s recent action or have any questions regarding this currency, please, feel free to reply below.
Chilean Peso Drops After Copper Rally
Posted by yehya on January 9th, 2010
The Chilean peso outperformed most of the main traded currencies as a copper price rally boosted appeal for assets in Chile, which declined this Friday after the metallic commodities failed to extend their gains.
The Chilean currency had a very positive performance apart from this Friday’s slide, as the economy showed signs of improvement according to the nation’s central bank, and the copper, responsible for one quarter of Chilean exports, had an increase on its rates and demand grows globally. In the last day of this week’s session, the copper retreated bringing the peso down as well.
USD/CLP closed this week at 493.95 after trading as low as 490.95 this Friday.
If you want to comment on the Chilean peso’s recent action or have any questions regarding this currency, please, feel free to reply below.
Investment Agency Rating Pushes Polish Zloty Up
Posted by yehya on January 9th, 2010
The Polish currency advanced today in
The zloty benefited from statements coming from the largest bond fund in the world, Pacific Investment Management Co., which predicted better returns in 2010 for
EUR/PLN declined in the week comparison despite 4 days of consecutive gains before this Friday when it closed at 4.0688.
If you want to comment on the Polish zloty’s recent action or have any questions regarding this currency, please, feel free to reply below.
Kiwi strenghtened broadly yesterday, but the pound has stemmed its losses in trading this morning
Posted by Forex News Resource on October 30th, 2009
Better-than-expected GDP figures in the US caused risk appetite to surge across the board enabling the kiwi to post gains of over a cent against the pound.
- The solid GDP figure in the US renewed optimism about recovery in the global economy, prompting investors to buy higher-yielding currencies.
With the US exiting recession, investors moved into higher-yielding assets bossting the aussie
Posted by Forex News Resource on October 30th, 2009
The aussie dollar reversed recent losses yesterday after positive US GDP data encouraged investors to buy-back into perceived riskier currencies.
- The aussie pulled back nearly two cents, or 1.0%, bringing the sterling/aussie pair back down to trade around 1.80 as the data spurred demand for risk.
Positive GDP figures in the US drove dollar selling yesterday enabling the pound to gain
Posted by Forex News Resource on October 30th, 2009
Sterling extended its rally, briefly climbing above $1.66 as the dollar sold off broadly after strong economic growth data spurred demand for riskier assets.
Weak US data enabled the US dollar to continue clawing back losses against the euro
Posted by Forex News Resource on October 29th, 2009
The single currency slipped further away from recent 14-month highs against the dollar yesterday, losing nearly a cent to close down at 1.4707.
- The US dollar rose, stretching a rally against the euro to a fourth day, supported by weak U.S.
Sales data took the pound higher against the kiwi, continues to climb in trading this morning
Posted by Forex News Resource on October 28th, 2009
The pound made up further ground on the kiwi dollar, gaining 0.65% after positive sales data supported evidence that the UK economy is still on the road to recovery.
UBS predicts growth of dollar / franc to the end of the year
Posted by maradona on October 27th, 2009
According to currency analysts UBS, the recent restoration of the dollar / franc could be due to the fact that investors will convert denominated in foreign currency savings back into dollar assets.
Click to continue reading “UBS predicts growth of dollar / franc to the end of the year”
Sterling halted its recent rally and is slipping back sharply against the kiwi as UK GDP figure disappoints
Posted by Forex News Resource on October 26th, 2009
The pound was broadly sold on Friday following a weak GDP figure, losing three cents to the kiwi dollar, to close back down at 2.1607.
Sponsors:
Forex Quote