The Polish currency started another week gaining versus the euro as the economic recovery in the country and in other regions around the world, specially in North America, is making traders to bet in the zloty regionally, considering the Eurozone current crisis. After Polish officials affirmed that the country’s inflation …
The Canadian currency didn’t manage to continue its last week rally as stocks and commodities markets had a less optimistic performance this Monday, setting the loonie down versus its U.S. counterpart and the Japanese yen. As stocks operated near neutrality and metallic commodities, like the copper, …
The outlook for the European currency is perhaps the worst since its introduction in 1999, as disparities among Eurozone members’ financial structure is likely to decline the appeal for the currency even further, since measures to bring budget deficits to the ECB’s target are likely to set several countries …
The dollar ended another week gaining versus the euro and the pound as the economic conditions in North America remain far more attractive than in the other side of the Atlantic, increasing the number of traders who are switching their investments from Europe towards the United States. After completing …
The Polish currency fell versus most of the main currencies from outside the European Union as the emerging budget problems in the region and an economic slow down among its trading partners decreased appetite for assets in the country. After ZEW economic reports showed a decrease in investor confidence in Poland …
The Canadian dollar pared all of its yesterday’s losses versus the U.S. and headed for another weekly increase versus the greenback and most of the main traded currencies as demand for the countries raw materials increased globally. The loonie manage to gain versus the U.S. dollar today despite renewed appetite …
The pound touched the lowest level in 2010 versus the greenback and declined versus most of the 16 main traded currencies as economic stimulus are likely to be maintained in the U.K., considering the slow pace of the nation’s economic growth and raising gap in the public accounts. The U.K. currency reached the lowest …
The euro continued to decline for another week versus important currencies around the world as the some of the Eurozone member countries’ budget deficit is shunning investors from the region, considering the economic outlook in other parts of the world is significantly more attractive to investors. The European single currency …
The New Zealand dollar started this Friday losing versus currencies from its main trading partners as central bankers from Australia and the U.S. are adopting a hawkish tone leaving the New Zealand dollar less attractive as rate hikes are not forecast in the short …
After touching the highest rate in February on renewed risk appetite, the Canadian dollar retreated versus its U.S. counterpart after the Federal Reserve raised its discount rate for the first time in three years, allowing the greenback to be more attractive than the loonie in forex markets. …