The U.S. currency rebounded versus the euro before the end of this week’s session as another positive report brought optimism towards the economic outlook in 2010 for the United States.(…)Read the rest of Dollar Gains on Jobless Claims Decline (62 words)
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The Brazilian real finished 2009 as the best performing currency in foreign-exchange markets among 16 main traded currencies, as stocks had the highest rise in 6 year in the South American nation.(…)Read the rest of Brazil’s Real Ends Year as Best Performer (67 words)
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The pound extended its weekly gains today versus the euro and the U.S. dollar, ending the year with the first advance versus both since 2006, as the British economy shows its first evidences of recovery, affecting its currency positively.(…)Read the rest of Pound Posts First Yearly Gains Since 2006 (136 words)
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After gaining more than 5 percent this month versus the euro the greenback declined as investors speculate that current gains for the U.S. currency may have been excessive, forcing the dollar down versus higher-yielding currencies as well.(…)Read the rest of Dollar Falls on Corrective Speculations (149 words)
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The Czech koruna advanced to a one week high versus the euro after a positive industrial report that fueled speculations that one of the most affected European economies is emerging for the hardest crisis since the end of communism in Czech Republic.(…)Read the rest of Czech Koruna Climbs on Industrial Data (67 words)
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After speculations that the British currency would be undervalued in currency markets, the pound managed to climb versus the euro and the greenback, as it touched the lowest rate in 11 months versus the U.S. dollar earlier.(…)Read the rest of Pound Rallies From 3-Month Low Versus Euro (63 words)
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USD traded mixed to lower on the last trading day of the year pressured by an IMF report which says that the US share of world reserves dropped to its lowest level in a decade during the third quarter of 2009. USD was also pressured by liquidation sales as investors…
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In currencies: The USD moved off its worst levels following better than expected US weekly claims data which saw Continuing Claims below 5M level for the first time since Feb 2009 complemented with initial claims registering its lowest reading since July 2008. Throughout the week dealers have been questioning whether…
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As further strength saw the pair breaking and closing above the 92.31 level, its Oct 27′09 high on Wednesday, threats are now seen towards its established falling channel top currently at 93.60. From the big picture perspective, the pair is trading within its broader falling channel and that channel top…
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A positive end to the calendar year in the form of lower claims for unemployment insurance has left the U.S. government bond market nursing losses as evidence mounts that it won’t just be champagne flowing into the New Year. The improving economic tone looks certain to improve in the first…
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