The Czech koruna advanced to a one week high versus the euro after a positive industrial report that fueled speculations that one of the most affected European economies is emerging for the hardest crisis since the end of communism in Czech Republic. After falling for 14 straight months, …
After speculations that the British currency would be undervalued in currency markets, the pound managed to climb versus the euro and the greenback, as it touched the lowest rate in 11 months versus the U.S. dollar earlier. The British currency also benefited from a real estate report indicating …
The U.S. dollar had a bullish performance today and gained considerably versus the euro and the yen as speculations rose that the Fed will start a process of lifting economic stimulus introduced during the worst moments of the global slump to revive the U.S. economy. The dollar benefited today from a business …
The Canadian dollar dropped from the highest level in 2009 versus the euro as stocks did not manage to extend the advance reached in the beginning of the week, forcing the currency down also versus its U.S. counterpart. After touching the highest level versus its U.S. counterpart in two …
The Canadian dollar, together with other currencies from commodity producer countries, is profiting from positive estimates for 2010 global economic recovery, which if confirmed will raise demand for Canadian commodities, consequently pushing the loonie up. The loonie fell in the past few …
The South African rand was one of the best performing currencies today in foreign-exchange markets as appeal for higher-yielding commodity exporter currencies was high, providing support for the rand to beat even an attractive dollar in today’s session. Speculations that South African exporters are repatriating capital …
The yen declined versus most of the 16 main traded currencies today on a risk fueled session that favored higher-yielding currencies and the U.S. dollar, as favorable reports in the country continued to boost appetite for the greenback. The yen touched the lowest level in two-months versus the dollar after a confidence report …
The dollar declined versus the euro and higher-yielding currencies as stocks rallied worldwide on evidences that the economic recovery is improving around the world, fueling risk appetite among traders that opted today specially by currencies like the South African rand, a high-yielding emerging market bet. …
The euro declined today versus the U.S. dollar and the pound after posting a rebound last week on weak U.S. housing data, but its deficient credit outlook for several bloc’s members is still affecting the common currency. The U.S. dollar gained today versus the euro …