Pound Up as Asset Purchase Program Changes
on Nov 8, 2009The pound climbed significantly versus the dollar, and to a lesser extent versus the euro as the national central bank extended its asset-purchase program less than expected, suggesting that the British economy is needing less government stimulus to...

Euro Up as ECB Shifts Stimulus Program
on Nov 8, 2009The euro pared previous losses with a number of currencies this Thursday as the ECB affirmed that a series of measures used to stimulate the bloc’s economy on its way out of recession will be phased out, adding evidences that the economic health in...

Dollar Gains Slightly as Unemployment Rises
on Nov 8, 2009Risk appetite suffered a significant impact towards the end of this week’s session after both U.S. and Canada published grim employment figures, forcing investors to take more cautions positions and bet once again in the relative safety provided by...

South African Rand Top Weekly Currency on Gold Rise
on Nov 8, 2009The South African rand was the best performing among 16 main traded currencies in foreign-exchange markets, as demand for metallic commodities exported from the African nation rose globally, increasing their rates and influencing positive the rand’...

Brazilian Real Gains Sharply on Risk Demand
on Nov 8, 2009The Brazilian real had one of the best weeks in more than 2 months as demand for commodities and emergent markets assets rose globally, maintaining the real as the best performing currency in 2009 among the 16 main traded ones in foreign-exchange mar...

Yen Gains on U.S. Job Losses
on Nov 8, 2009emand for safety rose towards the end of this week’s session as U.S. payrolls were cut beyond analysts expectations, suggesting that the economic recovery in North America will take longer than previously imagined by economists. Both the United Sta...

Canadian Dollar Down on Job Figures
on Nov 8, 2009After a lot of expectation regarding Canadian employment figures that were published today, the loonie fell drastically versus most of 16 main traded currencies and specially versus its U.S. counterpart, as negative job figures shunned investors away...

Canadian Dollar Remain High Before Jobs Report
on Nov 8, 2009The Canadian dollar remained neutral at the highest level in more than a week before an employment rate which is due to be published tomorrow, defining the outlook for the loonie for the next week, since jobs figures are an important data to measure...

Jobless Rates Push New Zealand Dollar Down
on Nov 8, 2009The New Zealand dollar lost versus most of the 16 main traded currencies this Thursday as the quarterly unemployment rate in the country grew further, decreasing attractiveness for the kiwi, as growing unemployment figures are a sign of bad economic...

Canadian Dollar Near Parity With Greenback
on Oct 20, 2009Optimism and risk appetite ignite speculations that the Canadian dollar will soon trade in parity with its U.S. counterpart, as demand for Canadian exports are rising worldwide, as well as stocks in Toronto. The Canadian dollar is once again trading...