Click to continue reading “New Zealand Dollar Rebounds on Retail Sales”
Click to continue reading “Canadian Dollar Suffers Huge Impact on Inflation, Risk Aversion”
The Canadian dollar declined versus its U.S. counterpart and
The loonie was impacted today as energetic and metallic commodities declined, specially the crude oil, as raw material exports account for more than half of the country’s international trade revenue, in a day of bearish markets in New York and Toronto.
Click to continue reading “Canada’s Dollar Retreats on Oil, Risk Aversion”
Click to continue reading “Brazilian Real Declines on Treasury Plans”
Click to continue reading “Canadian Dollar Rebounds After Bearish Days”
Risk aversion declined significantly today after China set a new reserves requirements for banks in the country, allowing the yen to outperform all of the 16 main traded currencies in
Equities markets in Asia and globally declined today, raising demand for the yen, as China set a minimum of 16 percent of reserves that large banking corporations in the country must have, in order to avoid a credit bubble as the one that caused the global slump in late 2008.
Click to continue reading “Yen Rallies on China’s Banking Policy”
Sterling dipped slightly against the single currency, relinquishing gains in the afternoon as US equities slipped back, closing the day down just 0.1% at 1.0958.
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