Polish Zloty Rises on GDP Acceleration
Monday, November 30th, 2009
The Polish currency gained today versus several currencies in the region and the U.S. dollar as GDP figures fort the third quarter beat forecasts, setting the confidence towards the Polish economic recovery to higher levels.
After Canada posted positive quarterly gross domestic product figures, the national currency benefited on the economic outlook and optimism, advancing versus most of the 16 main traded currencies in
The U.K. currency start this week falling versus the euro and several other currencies as report showed a decline in the domestic consumer confidence, indicating that the U.K. still hasn’t managed to surged from recession, forcing stocks in London down as well.
The U.S. currency started this week losing versus the euro and several
The Brazilian currency was one of the multiple affected by a Dubai debt payment delay, setting the emergent market real to the third consecutive losing week versus the greenback.
After Dubai affirmed that it will delay its debt payments, emergent markets currencies like the Russian ruble rated among the most affected, but central bankers affirm that this decline will help exporters’ competitiveness, treating the event with an odd optimism.
After the yen touched a 14-year high this week versus the greenback as the
TAfter Dubai announced that it intends to delay debt payments, emergent markets and commodities fell worldwide, declining attractiveness for the South African currency in