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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Posts Tagged ‘Risk Appetite’
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
Posted in 
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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Canada’s Dollar Retreats on Oil, Risk Aversion
Posted by yehya on January 15th, 2010
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.
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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.
Canadian Dollar Rebounds After Bearish Days
Posted by yehya on January 13th, 2010
The Canadian dollar profited from a higher risk appetite session today and rebounded versus the yen and its U.S.
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Pound to Decline Versus Higher-Yielding Currencies on Weak Recovery
Posted by yehya on January 11th, 2010
The United Kingdom has been showing itself as one of the least resilient nations among the wealthiest countries in the world, and its weak economic data combined with a ineffective monetary policy is likely to set the sterling further down in the first semester of 2010, specially versus
Bank of England policy makers insisted to extend its so far frustrated bond purchase strategy, injecting its remaining 200 billion pounds on the program, as interest rates remain at an
This week will be marked by a monthly manufacturing production report in the U.K., which has provided mixed data in the past months, but nevertheless, as analysts aren’t very optimistic regarding British economic growth in the first quarter of 2010, the pound has considerable odds to lose further versus the currencies above mentioned.
GBP/CAD started this week trading at 1.6495 from as high as 1.6850 one week ago.
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.
The kiwi retreated at the end of last week on a rise in risk aversion
Posted by Forex News Resource on November 2nd, 2009
The kiwi dollar struggled on Friday enabling the pound to jump 1.4%, briefly nearing the 2.30 level, as risk appetite in the market waned.
- Higher-risk currencies struggled to make headway at the end of last week as the rally in global equities in the wake of the positive US GDP data came to an abrupt halt.
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Having weakened off sharply on Friday, the aussie is trading strongly against the pound this morning
Posted by Forex News Resource on November 2nd, 2009
The pound climbed just over two cents against a broadly weakened aussie dollar on Friday with a rise in risk aversion putting selling pressure on the higher-yielding currency.
The euro lost ground to the dollar on Friday as the rally in equities came to a halt
Posted by Forex News Resource on November 2nd, 2009
The dollar strengthened, consolidating after broad selling on the back of data showing strong US growth, gaining over a cent on the single currency.
- Equities took a sharp downturn at the end of last week, having rallied after the positive US GDP data, most likely as a result of end of month profit taking, which buoyed demand for the greenback.
Dollar was buoyed at the end of last week as risk appetite waned
Posted by Forex News Resource on November 2nd, 2009
The greeback pulled back from its sharp sell-off on Thursday, as weak US economic data spurred a return to risk aversion.
- In early trading, the dollar continued to lose ground following the better-than-expected US growth data, however the GBP/USD rally was capped at 1.6600, and the UK currency pulled down steadily, eventually closing down 0.6% ay 1.6448.
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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.
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.
Aussie was broadly sold yesterday as investors withdrew riskier positions
Posted by Forex News Resource on October 29th, 2009
The pound advanced by 2.3% against the aussie as risk appetite stumbled in the wake of weak US economic data and a steep slide in global equities.
- In the early session, Australian inflation data was revealed to be slightly below expectations, leading investors to pare bets that the Reserve Bank of Australia will decide on a hefty interest-rate hike next week.
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.
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