- December 21, 2020 Do we get tax benefits on Personal Loan?
- December 18, 2020 The solicitors Preston depends on for stress-free compensation claims
- December 16, 2020 eToro: History and Key Features
- December 11, 2020 Canadian Dollar Pauses 2020 Rally Against US Peer Amid Falling Crude Prices
- December 11, 2020 Pound Crashes Against Dollar As No-Deal Brexit Appears Imminent
- December 11, 2020 USD/JPY 104.57 High Starting a New Bearish Leg?
Day: January 4, 2010
January 42010
Euro to Fall Versus Commodity Linked Currencies
The euro may extend last month’s decline versus emerging markets and commodity linked currencies as the economic recovery expected for the beginning of 2010 may rise appeal for riskier assets, damping demand for the European single currency in foreign-exchange markets. After currencies like the South African rand and the Norwegian krone benefited from a rise in demand for energetic and metallic commodities, the attractiveness for the European common currency suffered another strike, as some of its country members […]
Read more
January 42010
Norwegian Krone At 12-Month High Versus Euro on Oil
The Norwegian krone benefited today from a high rise in the crude oil rates, as Norway is one of the main suppliers of energy for the European Union, helping its currency to gain sharply versus the euro in foreign-exchange markets. Commodity related currencies ranked among the best performers today versus the euro and the U.S. dollar, and the krone was no exception, reaching the highest rate in more than a year versus the euro and also profiting from optimism […]
Read more
January 42010
South African Rand Advances on Metallic Commodities
This year started with a growing demand for metallic commodities as investors expect that the global economic recovery will rise industries’ needs for raw materials, helping the South African currency to start the year bullish. The rand managed to hit a one-month high versus the U.S. together backed mostly by an increase in the gold rates, in a risk fueled session were emerging markets and commodity producer currencies outperformed other options in foreign-exchange markets. USD/ZAR […]
Read more
January 42010
Canadian Dollar Up High on Oil Rally
The loonie, as the Canadian currency is nicknamed for the image of the waterfowl on the C$1 coin, started the year gaining versus most of the 16 main traded currencies as its chief export, the crude oil, advanced further, naturally forcing the Canadian correlated currency up in foreign-exchange markets. After the crude oil traded above $81 dollars for the first time since November, the Canadian dollar advanced significantly specially versus a less attractive U.S. dollar, as traders […]
Read more
January 42010
Weak Dollar Start in 2010 on Equities Rally
The U.S. currency is having a negative start in this year’s first session as stocks and commodities rose worldwide, boosting demand for higher-yielding assets and currencies from commodity exporter countries, leaving the greenback in a second plan of attractiveness. After the crude oil traded above $80 a barrel today, the greenback posted a declined versus all of the 16 main traded currencies, showing the sharpest fall versus commodity exporter’s currencies, like the Canadian and Aussie […]
Read more
January 42010
EUR/USD Starts Bullish in 2010 as Risk Appetite Surges
The EUR/USD currency pair started this year with a strongly bullish pattern as commodities and stocks rallied worldwide, declining attractiveness for the greenback. The crude oil traded above $80 a barrel and traders opted for riskier bets to start 2010, affecting the dollar negatively in a day were no events influenced significantly the sentiment for the European single currency. At the moment EUR/USD continues its advance at 1.4411 despite a better than expected manufacturing report in the U.S. […]
Read more
January 42010
Aussie Dollar May Gain on Commodities
The Australian dollar may start the year gaining against refuge currencies like the yen, and currently not so attractive currencies like the pound and the euro as a global recovery expected for 2010 may trigger stronger demand for commodity exports from Australia, favoring the national currency in foreign-exchange markets. The Australian currency ranked among the top performing currencies versus the greenback last year thanks mostly to, later confirmed, speculations that the Reserve […]
Read more