August 20th, 2009 at 15:28
The pound, which benefited yesterday from a new wave of risk appetite in European markets declined erasing most of its previous gains as today, a report indicated the largest budget deficit for the month of July since 1993, raising concerns regarding U.K.’s financial health.
August 20th, 2009 at 13:19
The yen lost in the beginning of today’s session in Asia, as stocks climbed in China and South Korea, bringing a certain level of confidence that helped investors to search for higher-yielding options, selling yen-priced assets.
August 19th, 2009 at 20:43
The Canadian currency, which lost more than 3 percent versus its U.S. counterpart during the last week, rebounded today as oil rates climbed in New York trading markets.
August 19th, 2009 at 20:21
The dollar reverted its winning trend from yesterday as equities markets climbed worldwide, damping demand for the relative safety of the U.S. currency.
August 19th, 2009 at 13:21
The pound erased yesterday’s gains this morning after the Bank of England may insist in further quantitative easing measures as an attempt to revive the weakened British economy, which was one of the most affected by last year’s credit crunch.
August 19th, 2009 at 12:38
The yen continued to grow today as equities markets in Asia had a faltering performance, since concerns about the economic recovery in the region remain very vivid, fueling demand for the safety profile of the Japanese currency.
August 18th, 2009 at 21:09
The Mexican peso had a positive day after severe declines as stocks in the U.S. climbed, attracting investors to purchase once again emergent market currencies, favoring peso-priced assets and several other Latin American currencies.
August 18th, 2009 at 20:39
The Hungarian currency posted significant gains today versus the euro and the dollar after a report in Germany indicated the highest rise in investors’ confidence in the wealthiest country in the European Union during the last three years.
August 18th, 2009 at 14:32
The pound had a positive performance today after U.K.’s inflation did not decline as specialists suggested, bringing optimism that the British recession might be easing since difficult periods tend prices to decrease inflation and eventually reach deflation.
August 18th, 2009 at 12:33
The euro stopped its decline versus the yen and the dollar today as optimism reappeared in Europe after a report indicated that German business confidence had the highest rise in more than a year, spurring demand for the Eurozone currency in forex markets.
