Federal Reserve — News Archive

Dollar Ends Rally on Interest Rates Comments

Wednesday, February 24th, 2010

US DollarAfter gaining since the beginning of this trading session on speculations that a robust U.S. economy would provide grounds for borrowing costs to rise in the following months, the dollar slid as government officials stated otherwise.

Dollar Post Record Advance Versus Euro on Fed Tone

Sunday, February 21st, 2010

US DollarThe dollar ended another week gaining versus the euro and the pound as the economic conditions in North America remain far more attractive than in the other side of the Atlantic, increasing the number of traders who are switching their investments from Europe towards the United States.

NZ Dollar Down on Trading Partners Hawkish Tone

Friday, February 19th, 2010

New Zealand dollarThe New Zealand dollar started this Friday losing versus currencies from its main trading partners as central bankers from Australia and the U.S. are adopting a hawkish tone leaving the New Zealand dollar less attractive as rate hikes are not forecast in the short term for the kiwi nation.

Canadian Dollar Down on U.S. Discount Rate

Friday, February 19th, 2010

Canadian DollarAfter touching the highest rate in February on renewed risk appetite, the Canadian dollar retreated versus its U.S. counterpart after the Federal Reserve raised its discount rate for the first time in three years, allowing the greenback to be more attractive than the loonie in forex markets.

Discount Rate Surprise Fuels Dollar Rally

Friday, February 19th, 2010

US DollarThe dollar touched the highest level in 2010 versus several important currencies this Thursday as the Federal Reserve raised its bank discount rate for loans, spurring demand for assets in the country as the economy seems to be picking up, allowing the nation’s central bank to lift stimulus.

Brazilian Real Posts Weekly Rebound on Optimism

Saturday, February 13th, 2010

Brazilian RealAfter several weeks dropping on high risk aversion, the Brazilian real benefited from positive news this week coming from North America and Europe, attracting investors back to emerging markets, allowing more attractive riskier assets in Brazil to force the nation’s currency up in foreign-exchange markets.

Canada’s Dollar Rallies on Optismism

Wednesday, February 10th, 2010

Canadian DollarThe Canadian dollar profited today from different factors that allowed optimism to penetrate equities and commodities markets, extremely influential on the loonie rates, that touched the highest level in one-week versus its U.S. counterpart.

Euro Tumbles on Southern Regional Budget Deficits

Thursday, January 28th, 2010

EuroThe euro slid today versus virtually all of 16 main traded currencies on foreign-exchange markets as some Eurozone member countries raising budget deficit is still affecting attractiveness for assets in the region, in a day were commodity linked currencies outperformed most currencies as risk appetite returned to markets.

Yen Falls on Fed Positive Remarks

Thursday, January 28th, 2010

Japanese yenThe Japanese currency ended a rally fueled by risk aversion as a Federal Reserve statement published yesterday brought optimism to financial markets globally, decreasing appeal for refuge investments available in Japan, specially versus high-yielding currencies.

Dollar Advances on Fed Hawkish Tone

Thursday, January 28th, 2010

US DollarThe U.S. dollar advanced versus several key currencies after a Federal Reserve statement announcing that a number of stimulus to help the economic recovery will be lifted, as according to central bankers, the economy is already showing enough evidences of improvements to allow these measures.


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