Yen Gains on U.S. Job Losses
November 6th, 2009
Demand for safety rose towards the end of this week’s session as U.S. payrolls were cut beyond analysts expectations, suggesting that the economic recovery in North America will take longer than previously imagined by economists.Dollar Gains Slightly as Unemployment Rises
November 6th, 2009
Risk appetite suffered a significant impact towards the end of this week’s session after both U.S. and Canada published grim employment figures, forcing investors to take more cautions positions and bet once again in the relative safety provided byCanadian Dollar Down on Job Figures
November 6th, 2009
After a lot of expectation regarding Canadian employment figures that were published today, the loonie fell drastically versus most of 16 main traded currencies and specially versus its U.S. counterpart, as negative job figures shunned investors away from assets in Canada.Canadian Dollar Remain High Before Jobs Report
November 5th, 2009The Canadian dollar remained neutral at the highest level in more than a week before an employment rate which is due to be published tomorrow, defining the outlook for the loonie for the next week, since jobs figures are an important data to measure a country’s economic conditions.Euro Up as ECB Shifts Stimulus Program
November 5th, 2009
The euro pared previous losses with a number of currencies this Thursday as the ECB affirmed that a series of measures used to stimulate the bloc’s economy on its way out of recession will be phased out, adding evidences that the economic health in the Eurozone is improving significantly.Pound Up as Asset Purchase Program Changes
November 5th, 2009
The pound climbed significantly versus the dollar, and to a lesser extent versus the euro as the national central bank extended its Jobless Rates Push New Zealand Dollar Down
November 5th, 2009
The New Zealand dollar lost versus most of the 16 main traded currencies this Thursday as the quarterly unemployment rate in the country grew further, decreasing attractiveness for the kiwi, as growing unemployment figures are a sign of bad economic health.Dollar Down Before Fed Decision
November 4th, 2009The dollar had a day of losses versus most of 16 main traders before the Fed will publish its monetary policies decisions tomorrow, as investors expect a rather dovish tone in policy makers’ statements.Brazilian Real Extends Gains on Domestic Optimism
November 4th, 2009
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.Canadian Dollar Extends Rally Before Fed Statement
November 4th, 2009The 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.
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