The Australian Dollar lost today against several currencies like the yen and the U.S. dollar after a negative report in China pushed investors back to safer assets, damping demand for the Aussie’s riskier profile.
Mexican Peso at 4-Month High on U.S. Recovering Data
August 10th, 2009 at 23:18
The Mexican peso started the week at the highest level in 4 months as the United States are signaling that the path out of recession has been already started.
Euro Slides on Economic Conditions Comparison
August 10th, 2009 at 23:09
The euro fell today versus the U.S. dollar and several other main traded currencies as speculations indicated that a number of economic zones are likely to grow faster and sharper than the Eurozone.
U.K.’s Recession Concerns Push Pound Further Down
The pound started this week continuing Friday’s bearish trend after the Great Britain government affirmed that the current asset purchasing program will be expanded, raising concerns that the British financial system is still in a delicate situation.
Yen Climbs After Japanese Government Report
August 10th, 2009 at 12:28
The Japanese currency started this week with a more attractive outlook as the Japanese government indicated through several reports, that the Asian nation may be finding its way out of recession, spurring demand for yen, which has been attractive lately only due pessimist global economic indicators.
Pound Declines on Bank of England Statement
August 08th, 2009 at 21:04
The pound declined in the end of this week, after the Bank of England affirmed that it will expand the current asset purchasing program in order to assure Britain’s financial system sustainability.
Brazil’s Real Rebounded on U.S. Optimism
August 07th, 2009 at 21:20
The Brazilian real, currency which had its rally halted yesterday as negative reports pushed stocks and commodities down around the world, climbed again today as U.S. employment data came better-than-expected.
Improved Jobs Data Pushes U.S. Dollar Up
August 07th, 2009 at 21:00
The U.S. dollar pared this week’s losses versus the euro as employers cut less-than-expected jobs in the country, adding optimism to the world’s wealthiest economy.
Rising Unemployment Affects Canada’s Dollar Performance
August 07th, 2009 at 13:57
The U.S. dollar pared most of this week’s losses versus its Canadian counterpart as a report today indicated that the number of job cuts in Canada was higher than what economists predicted.
Yen Gains on Renewed Crisis Concerns
August 07th, 2009 at 13:30
The yen gained versus several currencies like the euro and the pound as equities markets are ending the week with a rather negative performance, as banks posted losses today.
