The Swiss franc retreated versus the euro and the pound after gaining sharply, on speculations that the nation’s central bank intervened to control the franc’s rally. After the franc touched the highest level in 10 months versus the euro, it fell sharply before the end of this week’s session, …
The euro lost today versus most of main traded currencies as rising budget deficits in some Eurozone member countries is shunning investors from the region, as well as speculations suggesting that Greece would leave the single currency affected market sentiment in the Euro area. The euro …
The dollar is going towards the end of this week with a positive performance versus most of its main trading partners currencies, after a GDP report published today brought figures beyond what analysts suggested, adding confidence for the U.S. economy and currency outlook. The greenback …
The Chilean peso is facing its longest losing trend in more than a year as a combination of international risk aversion with poor national economic data is causing an exodus of capital from one of South America’s most dynamic economy. After a report was published …
The zloty advanced today versus the euro after a GDP report showed that Poland was the only EU member country to dodge recession in 2009, bringing regional investors to inject capital betting in the resilience of the Eastern European nation. After a gross domestic product report published …
The euro slid today versus virtually all of 16 main traded currencies on foreign-exchange markets as some Eurozone member countries raising budget deficit is still affecting attractiveness for assets in the region, in a day were commodity linked currencies outperformed most currencies as risk appetite …
The Japanese currency ended a rally fueled by risk aversion as a Federal Reserve statement published yesterday brought optimism to financial markets globally, decreasing appeal for refuge investments available in Japan, specially versus high-yielding currencies. The yen posted the sharpest decline this week after the U.S. …
The Romanian leu gained versus the euro today after the International Monetary Fund affirmed it will release the currently stopped bail out program for the eastern European country, allowing the leu to beat several currencies in the region. After the International Monetary Fund stated that the $30 …
The U.S. dollar advanced versus several key currencies after a Federal Reserve statement announcing that a number of stimulus to help the economic recovery will be lifted, as according to central bankers, the economy is already showing enough evidences of improvements to allow these measures. The greenback …
The Canadian dollar did not manage to revert its losing trend today as equities and commodities continued to decline globally, fueling emerging concerns that Canada’s economic recovery will suffer from a slower-than-expected recovery in most of its main trading partners. Markets were rather …