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.
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.
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Click to continue reading “New Zealand Dollar Rebounds on Retail Sales”
Brazil’s real suffered another impact today as China’s lending restrictions announced last week continue to influence risk levels in trading markets globally.
Click to continue reading “Brazilian Real Drops Further on Risk Aversion”
Click to continue reading “Canadian Dollar Suffers Huge Impact on Inflation, Risk Aversion”
The U.S.
Click to continue reading “Dollar Benifits From Chinese Lending Requirements”
Click to continue reading “Canadian Dollar Continues Bullish Pattern on Commodities”
This Friday’s shift in market sentiment allowed the U.S. dollar to post a weekly advance versus most of the main
The dollar gained significantly versus commodity producer currencies like the Brazilian Real and the Australian dollar towards the end of this week as China’s new lending restrictions raised concerns that demand for raw materials may decline in the country, affecting exports from these countries.
Click to continue reading “Dollar Profits From Global Economic Pessimism”
The Australian dollar was one of the most affected currencies today as speculations that Chinese lending requirements will slow down the global economic recovery impacted traders’ sentiment, declining appetite for
The Aussie and the kiwi declined today versus most of the main 16 traded currencies, after one of its main trading partners, China, is likely to reduce property loans after the government set new restrictions for lending money in the nation’s banks, fueling speculations of an economic slowdown and consequently raising risk aversion in trading markets towards the end of this week’s session.
AUD/CAD traded at 0.9502 as of 19:02 GMT from a previous rate of 0.9525 yesterday.
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.
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”
The Canadian dollar had its rally towards parity with its U.S. counterpart halted after a monthly trade deficit was posted today, raising doubts that the nation’s economy is not going as good as some analysts like to believe.
The loonie had a disappointing surprise today as Canada posted a trade deficit of more than $300 million while forecasts suggested a surplus of $500 million, surprising traders and affecting the outlook of one of the best performing currencies so far in the beginning of 2010.
Click to continue reading “Canadian Dollar Falls on Trade Deficit Surprise”
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”
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.
Click to continue reading “The kiwi retreated at the end of last week on a rise in risk aversion”
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 greeback pulled back from its sharp sell-off on Thursday, as weak US economic data spurred a return to risk aversion.
Click to continue reading “Dollar was buoyed at the end of last week as risk appetite waned”
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