The U.S. dollar touched its lowest level in more than a year versus most of its main rival currencies as speculations suggest that the Federal Reserve will maintain borrowing costs in a historic record low, as the economy still urges for stimulus to provide a more solid recovery.
November 04th, 2009 at 19:20
Several reasons are providing support for the Brazilian currency to extend this week’s gains as risk appetite rose today increasing demand for commodities, injecting money in Latin American stocks, consequently adding confidence towards the real’s outlook.
November 04th, 2009 at 18:40
The Canadian dollar continued to gain this Wednesday versus the greenback as demand for commodities produced in Canada and stocks worldwide gained significantly, raising attractiveness for the loonie even further, after several sessions of losses during the past week.
November 04th, 2009 at 0:45
The dollar touched the highest level in a month versus the euro after speculations suggesting that banks throughout the world are still facing severe difficulties tor reestablish their financial situation fueled a rally for safety this Tuesday in trading markets.
October 23rd, 2009 at 20:46
The dollar had a good performance versus the yen and several other currencies on speculations that the Federal Reserve will consider interest rate hikes before than previously announced.
October 14th, 2009 at 13:47
After Federal Reserve policy makers affirmations suggesting that interest rates will remain low for a long period of time in the United States, the greenback declined to the lowest levels in 2009 versus the euro, and also lost versus most of the main traded currencies.
September 30th, 2009 at 8:17
The U.S. currency slashed previous gains in the beginning of the Asian trading session today as speculations suggested that interest rates will be maintained at record lows for an extended period of time in the United Stated, indicating that the economy will need further stimulus to surpass the recession.
September 24th, 2009 at 1:10
The dollar changed its losing trend after the Federal Reserve brought pessimism regarding the economic recovery in North America back to trading markets, attracting investors once again to the relative safety of the greenback.
September 23rd, 2009 at 15:02
The dollar proved itself unable to resist a new wave of risk appetite this week that set the greenback to the lowest levels in 2009 versus several currencies in virtually all economic regions in the world, as traders are confident to take risks and purchase higher-yielding options.
September 21st, 2009 at 12:05
The dollar started the week rallying versus most of the 16 main traded currencies in foreign-exchange markets, as speculations among traders suggest that the Federal Reserve will not extend the current economic stimulus programs, indicating that the economy is recovering, rising attractiveness for the greenback.
