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Day: January 22, 2010
January 222010
Euro Rebounds Versus Dollar After Obama’s Speech
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 North America, allowing the euro to gain versus the greenback in foreign-exchange markets this Friday. The euro posted its first advance versus the dollar since Tuesday as U.S. President Barack Obama speech done yesterday proposing news restrictions and prohibitions for financial institutions in the country to use in hedge […]
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January 222010
Canadian Dollar Falls Further on Retail Sales
The Canadian currency is going to end this week with the worst performance since the year started, as commodities and stocks declined during most of the week and today a retail sales report showed negative monthly figures, shunning investors from loonie-priced assets. The loonie had a very severe losing streak since Jan 14th when it was rallying towards parity with its U.S. counterpart, since then, virtually all […]
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January 222010
Rather Pointless Australian Broker — Vantage FX
Update: The information presented below is mostly outdated. Vantage FX is a corporate authorized representative of Enfinium Pty Ltd and is not a white label partner of GOMarkets. You can get the most up-to-date information about Vantage FX here: http://www.earnforex.com/forex-brokers/VantageFX The latest Forex broker that I’ve added to my site today is http://www.earnforex.com/forex-brokers/VantageFX. It’s a white label partner of another Australian broker — GOMarkets. It’s a separate company regulated […]
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January 222010
Canadian Dollar Down on China, U.S. Statements
The Canadian dollar was one of the most affected currencies by a new wave of risk aversion today as the country’s currency has a strong correlation with stocks and commodities markets, which fell significantly on statements regarding financial restrictions to be imposed by China and the United States. After a Chinese statement suggesting that economic growth will be controlled in the nation and a White House statement proposing stricter policies for banks in the country, the Canadian dollar fell […]
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January 222010
Brazilian Real Trades at Record Low on Obama’s Speech
The Brazilian currency was affected by a new wave of risk aversion after U.S. President Barack Obama proposed new regulations for financial instituitions in the country, raising concerns among traders that avoided emerging markets this Thursday. Emerging market currencies like the real ranked among the worst performers today after a White House statement indicating that banks in the U.S. are likely to follow a tighter police regarding its financial […]
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