The United States is one of the main destination for Chilean commodity exports, and negative reports towards the end of this week coming from the U.S. affected negatively the South American currency performance.
Brazil’s Real Drops From Year High on U.S. Jobless Claims
October 01st, 2009 at 19:29
The Brazilian currency touched a one-year high versus the dollar and the pound this week but was unable to continue its rally as U.S. jobless claims came worse than what economists expected, decreasing appeal for emergent market high-yielding currencies.
Mexican Peso Down on Commodities and U.S. Unemployment
October 01st, 2009 at 19:19
This Thursday was marked by a weak performance for the Mexican currency as the crude oil, one of the main Mexican exports to the U.S. declined further, and jobless claims in the U.S. came with worse-than-expected figures.
Canadian Dollar Roses Sharply on Commodities
September 30th, 2009 at 23:59
The Canadian dollar, one of the most dependent currency to stocks and commodities, climbed significantly today as optimism pushed the crude oil and gold rates up, suggesting that the global economy will improve demand for Canadian exports.
Commodities Push Brazil’s Real to One-Year High
September 30th, 2009 at 23:37
Optimism returned to markets today affecting negatively currencies like the yen and the dollar at the same time that emergent market currencies, like the Brazilian real, witnessed a rally today, as commodities climbed worldwide.
Canadian Dollar Drops Sharply on Oil Rates
September 26th, 2009 at 14:48
The Canadian dollar had one of the worse weekly performances in months as a decline in crude oil prices towards the end of this week affected negatively the loonie’s outlook, considering the energetic commodity as one of the main exports of the North American nation.
Canadian Dollar Drops From Record High on Stocks
September 18th, 2009 at 23:55
The Canadian currency did not manage to extend its rally that brought the loonie to the highest rate in one year as a corrective movement affected stocks today, influencing the loonie’s outlook negatively.
Brazilian Real Extends Record on Economic Recovery
September 16th, 2009 at 23:19
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.
Brazilian Real Benefits From Stocks Climb
September 08th, 2009 at 22:17
The Brazilian real hit today a 3-week high versus the U.S. dollar as optimism forced up commodities and equities rates, bringing investors towards riskier assets in emergent markets like those of South America.
Brazilian Real Rebounds from August Lowest Rates
August 28th, 2009 at 0:37
The Brazilian currency touched the weakest level in August today on global economic concerns but rebounded after stocks and commodities climbed worldwide, spurring demand for emergent markets assets.