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Forex News – Canadian Dollar Falls Despite Positive GDP

admin — Sat, 30 Jan 2010 06:01:34 +0000

The Canadian dollar ended another week declining versus its U.S.

counterpart and lower-yielding currencies despite a report showing that the nation’s economy grew for another month, as the U.S. GDP report had more impact in markets globally.(…)Read the rest of Canadian Dollar Falls Despite Positive GDP (72 words)

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Forex News – Chilean Peso Down on Manufacturing Data

admin — Fri, 29 Jan 2010 06:02:21 +0000

The Chilean peso is facing its longest losing trend

in more than a year as a combination of international risk aversion with poor national economic data is causing an exodus of capital from one of South America’s most dynamic economy.(…)Read the rest of Chilean Peso Down on Manufacturing Data (53 words)

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Forex News – Canadian Dollar Remains Bearish on Stocks Performance

admin — Thu, 28 Jan 2010 06:02:22 +0000

The Canadian dollar did not manage to revert its losing trend today

as equities and commodities continued to decline globally, fueling emerging concerns that Canada’s economic recovery will suffer from a slower-than-expected recovery in most of its main trading partners.(…)Read the rest of Canadian Dollar Remains Bearish on Stocks Performance (134 words)

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Forex News – Euro Rebounds Versus Dollar After Obama’s Speech

admin — Sat, 23 Jan 2010 06:03:06 +0000

After touching the lowest level in 2010 yesterday versus the U.S., the euro advanced on speculations that a White House proposal will shun investors from Nort

h America, allowing the euro to gain versus the greenback in foreign-exchange markets this Friday.(…)Read the rest of Euro Rebounds Versus Dollar After Obama’s Speech (146 words)

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Forex News – Yen Best Performer on Trading Restrictions

admin — Fri, 22 Jan 2010 06:01:16 +0000

The yen outperformed most of the 16 main traded currencies

after the U.S. President affirmed that financial institutions must have their operations regulated in order to avoid speculations, raising risk aversion in all trading markets in the world.(…)Read the rest of Yen Best Performer on Trading Restrictions (156 words)

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Forex News – Brazilian Real Drops Further on Risk Aversion

admin — Thu, 21 Jan 2010 06:04:16 +0000

The Brazilian real touched the weakest level in a month

as risk aversion remained predominant in today’s trading session globally, since equities and commodities markets continued to follow a bearish trajectory in most of the key-economic regions around the world.(…)Read the rest of Brazilian Real Drops Further on Risk Aversion (71 words)

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Forex News – Pound Advances Further Versus Euro on Inflation

admin — Wed, 20 Jan 2010 06:01:00 +0000

The British currency had a favorable performance today versus

multiple key-currencies today, beating the euro and the Swiss franc as the country starts to show more evident signs of recovery, attracting investors back to the U.K.(…)Read the rest of Pound Advances Further Versus Euro on Inflation (72 words)

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Action Insight-Forex Analysis – BoC: Rate Unchanged, Economic Recovery Impaired by CAD Strength

admin — Wed, 20 Jan 2010 06:00:26 +0000

The Bank of Canada kept the overnight rate unchanged at 0.25% and

pledged to keep it at current level until the end of the second quarter of 2010 in order to achieve the inflation target. Concerning economic development, the central bank believed strong Canadian dollar will continue to dampen activities…
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Forex News – Swiss Franc Climbs Despite Intervention Warning

admin — Tue, 19 Jan 2010 06:04:22 +0000

The Swiss franc gained versus several key-currencies

today despite the nation’s central bank concerns regarding the strength of its currency, which already was expressed previously in statements mentioning eventual future interventions to halt the franc’s rally.(…)Read the rest of Swiss Franc Climbs Despite Intervention Warning (84 words)

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Forex News – Dollar Profits From Global Economic Pessimism

admin — Mon, 18 Jan 2010 06:03:51 +0000

This Friday’s shift in market sentiment allowed the U.S. dollar to post

a weekly advance versus most of the main higher-yielding currencies, as risk aversion rose globally and traders opted by the relative safety provided by dollar-priced assets.(…)Read the rest of Dollar Profits From Global Economic Pessimism (157 words)

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