The Mexican peso gained today for a third straight day against the U.S. dollar as the crude oil prices rose and on the expectation that the central bank won’t rise the interest rates after the consumer prices fell more than predicted.
Economic Recovery Bolsters Canadian Dollar
June 09th, 2010 at 20:08
The Canadian dollar’s rally extended today for the second straight day against the U.S. dollar and the Japanese yen and for the third consecutive day versus the euro as the equities gained and the prices for crude oil, the main nation’s export, increased, spurring the demand for the currencies tied to growth.
Euro Gains for Second Day, but Will Rally Be Sustained?
June 09th, 2010 at 18:27
The euro rose today against the U.S. dollar and the Japanese yen for the second straight day on the rising commodity prices and the equities.
Yen Strengthens of European Concerns
June 09th, 2010 at 13:02
The Japanese yen strengthened today as the traders worry about the impact of the sovereign-debt crisis in Europe, increasing the appeal of the safer currencies.
Hungarian Forint Gains on Pledge to Avoid Default
June 09th, 2010 at 12:24
The Hungarian forint gained today for the third consecutive day after Hungary’s government pledged to cut the budget shortfall, easing the concerns about the possible default.
NZ Dollar Rises on Speculations About Increasing Rates
June 08th, 2010 at 21:49
The New Zealand dollar rose today after two days of decline against its U.S. counterpart, the euro and the Japanese yen as the Asian stocks gained and the commodity prices increased, boosting the demand for the higher-yielding assets.
Canadian Dollar Gains as Traders Seek Safety
June 08th, 2010 at 19:20
The Canadian dollar gained today as the robust Canadian economy increases the appeal of the currency as the safe have, therefore drawing the investors, who seek the safety from the European debt crisis.
Hungarian Forint Gains on Government’s Budget Plans
June 08th, 2010 at 14:32
The Hungarian forint, which dropped previously on the speculations about the possible default in Hungary, strengthened today for a second day after Hungarian government pledged to stick to the budget deficit goal.
Pound Down on Concerns About Debt Crisis
June 08th, 2010 at 13:01
The Great Britain pound weakened today after Fitch Ratings stated that “UK fiscal challenge is formidable”, spurring the demand for the safety among the investors.
Employment Data Helps Loonie Appreciate
June 07th, 2010 at 18:27
The Canadian dollar gained today after the report last week showed the better than expected growth of the nation’s employment, increasing the appeal of the currency as the safe haven.

