The Brazilian real went down today as the fears of the spreading European crisis deter the investors from the riskier currencies.
Mexican Peso Falls on U.S. Jobs Report & European Crisis
June 07th, 2010 at 10:44
The Mexican peso fell today on the concerns that the global recovery may slow, fueled by the lower than expected payrolls in the U.S. and the sovereign-debt crisis in Europe.
Loonie’s Weekly Gains Were Erased in One Day
June 05th, 2010 at 16:49
This week showed the mixed set of results for the Canadian dollar as the currency dropped against its U.S. counterpart, managed to strengthen against the euro and remained at approximately same level against the Japanese yen.
Euro Below $1.20, No Signs of Relief for European Currency
June 04th, 2010 at 22:34
The euro extended its decline today against the U.S. dollar and the Japanese yen, plunging below $1.20 for the first time since March 2006, as the signs that the European fiscal crisis is widening caused the investor to abandon the shared 16-nation currency.
European Woes Weaken Loonie
June 04th, 2010 at 19:03
The Canadian dollar weakened today against the U.S. dollar and the Japanese yen despite the good economic data as the worries about the debt problems in Europe overshadowed the favorable fundamentals.
Lower Amount of New Jobs Pushes Dollar Down vs. Yen
The U.S. dollar weakened today against the Japanese yen, erasing its yesterday’s gains, after the nonfarm payrolls showed the lower number of new employees hired than was expected, causing the concern for the economic recovery.
Swiss Franc at Record High Against Euro on Stronger Economy
June 04th, 2010 at 15:09
The Swiss franc gained today versus the euro, reaching the record high level, on the signs that the nation’s economy expanding, while the European Union’s economy suffers from the sovereign-debt crisis.
European Debt Crisis Continues to Bury Euro
June 03rd, 2010 at 23:16
The euro weakened today as the debt crisis undermines the economy of the European Union, while the U.S. economy shows the signs of the accelerating recovery, lessening the impact of the European woes on the global markets.
NZ Dollar Rises in Spite of Bollard’s Desire for Depreciation
June 03rd, 2010 at 18:44
The New Zealand strengthened today as the favorable data from the U.S. added to the signs of the economic recovery, while the New Zealand’s trade surplus may prompt the central bank to increase the interest rates; against the U.S. dollar the kiwi experienced volatility and currently fell.
Global Recovery Makes Yen Less Attractive
June 03rd, 2010 at 14:11
The Japanese yen extended today its yesterday’s decline versus the U.S. dollar and the euro as the signs of the accelerating global recovery diminished the appeal of the Japanese currency as the safe haven.
