The Chilean peso gained, cutting its losing streak, which it experienced for three weeks, on speculation that the government and insurers may start selling dollars, to pay for fixing the damage caused by the earthquake with a magnitude of 8.8 magnitude. The Chile’s government is required to pay more …
The pound continues its rally versus the U.S. dollar, touching the highest level since March 22nd, as the survey showed that the Conservative party is leading against the opposing Labor party in the election, lowering a concern that the new government may be not strong enough …
The U.S. dollar rose slightly above the opening level after it dropped today to a lowest level in a week versus the euro as the pace of the global economic rebound increase, forcing down the demand from traders and investors for the U.S. currency as a safe haven and an investment asset, who are …
The dollar continued to lose ground this Wednesday as appetite for risk remains predominant in trading markets worldwide this week, making investors to bet higher-yielding assets once and moving the dollar towards a weekly loss versus multiple currencies. Several events during this week determined …
The yen is having a hard time this week as risk appetite rose globally, decreasing attractiveness for the relative safety available in assets in the Asian country, being of the worst performers during the past days in forex markets together with the U.S. dollar. The Japanese yen touched an eight-week …
After a rally that set the greenback to the highest level in 2010 versus the euro last week, the dollar started this Monday’s session losing versus important worldwide currencies, as risk appetite brought investors to purchase assets in higher-yielding markets. The U.S. dollar became less attractive …
The Canadian dollar dropped versus 9 of most traded currencies this week on concern among speculators that its rally won’t last. The Canadian currency fell against the euro as European government’s plans to help Greece bolstered confidence in the European currency. The currency slipped against …
The U.S. currency is heading to post the highest quarterly gains versus the euro as raising budget deficits among Eurozone members is producing a capital exodus from the region towards safer markets overseas, affecting also risk driven markets negatively. Despite the fact a French-German …
The euro continued to drop today versus its main trading partners currencies and is going to post another weekly decline as concerns regarding the region’s growing budget deficit are still far from a solution, raising aversion towards assets in the region. After Fitch Ratings …
The euro declined versus all of the 16 main traded currencies this Wednesday as Portugal started to raise concerns strongly, after an important financial agency cut its credit rating for the first time, showing that hard times are still to come for the Eurozone. Fitch Ratings …