The Russian currency benefited from a new wave of confidence among traders that forced commodities rates up, helping Russian assets to be more attractive in global markets, consequently influencing positively the rates for the ruble.

After hitting 2009 record lows versus several currencies of different profiles like the Australian dollar, Brazilian real and Euro, the dollar did not manage to rebound mainly versus the latter, since several optimistic reports suggested that economic conditions in Europe are improving.

The Brazilian real had another day of gains versus most of 16 main traded currencies and extended its 2009 record versus the greenback as improved economic data domestically and globally brought investors to inject money in South America’s wealthiest economy.

The Chilean peso was one of the emergent markets currencies that benefited from the latest U.S. reports which fueled high-yielding currencies rally and increased traders’ confidence to purchase riskier assets in economic regions like Latin America and the South Pacific.

After a report indicating the highest unemployment rate in more than a decade in the United Kingdom, the pound lost versus most of the 16 main traded currencies, as the British economy has been one of the most weakened in the region, shunning investors from assets in Great Britain.

The U.S. dollar traded today in the lowest level versus the European common currency as solid evidences of economic recovery continued to appear in North America and worldwide, spurring demand for yielding and weighing on the greenback outlook.

The Canadian currency, which had been losing versus its U.S. counterpart, climbed the most in more than a week today, as a U.S. retail sales report brought optimism and consequently risk appetite among traders, favoring the loonie in foreign-exchange markets.

The Brazilian currency extended yesterday’s gains versus the U.S. dollar as both retail data from Brazil and the United States improved, suggesting that the economy in both countries is recovering, which provided support for the emergent-market real to gain.

After a surprisingly negative statement made today by the Bank of England, the United Kingdom witnessed a sharp decline for the pound versus most of the 6 major traded currencies globally, as it indicates that the British Isles remain struggling to revive their economy.

The yen fell against the U.S. dollar today as several evidences are suggesting that the American economy may be finally recovering, making traders who opted for the Japanese currency as a refuge from uncertainties to bet once again in dollar-priced assets.