The British pound had a positive performance before the weekend as both domestic and international scenario brought favorable news and consequently traders to purchase assets in the country, as a real estate report revived confidence towards U.K.’s economy. The pound pared some of the past weeks’ losses versus important …
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Dollar Down Before Weekend on Riskier Bets
Currencies tied to growth outperformed the U.S. dollar as risk appetite was predominant before foreign-exchange markets closed this Friday, considering that retail sales in North America expanded in the monthly comparison, raising optimism to higher levels among investors. Oddly enough, like during …
Who Can Stop the Loonie?
Inflation Outlook Fuels Demand for British Pound
NZ Dollar Down on Rates Dovish Comments
Yen Reverts Losing Trend on Domestic Speculations
The yen started this Thursday’s session in Asia gaining versus currencies regionally and globally, on speculations that local investors are repatriating capital before the Japanese fiscal year ends in the following weeks. Speculations that Japanese exporters are buying the national currency before the fiscal …
Canadian Dollar Keeps Uptrend on Growth
The Canadian dollar had an amazing eighth day of consecutive gains versus its southern counterpart as currencies tied to growth profited from another session of optimism in commodities and equities markets, allowing the loonie to remain bullish. A crude oil rally is allowing the loonie to post a sharp …
Asian Economy Affects Yen’s Price
The Japanese yen had a negative performance this Tuesday versus most of the Asian and South Pacific key-currencies as evidences suggest that commodity producer countries in the region, as well as emerging markets, are likely to outperform the Japanese economy this year, affecting the yen as well. Several events …
Canada’s Dollar Gains on National Commodities
The Canadian dollar traded high versus its U.S. counterpart and several other key-currencies in foreign-exchange markets as its main commodity export, the crude oil, rose again allowing the loonie to start this week advancing. The Canadian dollar, nicknamed the loonie for the image of the waterfowl on the C$1 coin, …