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Dollar Appeal Declines on Riskier Assets Outlook

posted by Avatar varna 787 days ago in USD, EUR, AUD made popular 787 days ago

The dollar continued to lose ground this Wednesday as appetite for risk remains predominant in trading markets worldwide this week, making investors to bet higher-yielding assets once and moving the dollar towards a weekly loss versus multiple cu read more
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Yen Falls Affected by Global Optimism

posted by Avatar varna 787 days ago in USD, EUR, JPY made popular 787 days ago

The yen is having a hard time this week as risk appetite rose globally, decreasing attractiveness for the relative safety available in assets in the Asian country, being of the worst performers during the past days in forex markets together with read more
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Dollar Down on Renewed Global Confidence

posted by Avatar varna 789 days ago in USD, EUR, Fundamental made popular 789 days ago

After a rally that set the greenback to the highest level in 2010 versus the euro last week, the dollar started this Monday’s session losing versus important worldwide currencies, as risk appetite brought investors to purchase assets in higher-yi read more
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Dollar Confirms Another Weekly Gain on EU Crisis

posted by Avatar varna 791 days ago in USD, EUR, Fundamental made popular 791 days ago

The U.S. currency is heading to post the highest quarterly gains versus the euro as raising budget deficits among Eurozone members is producing a capital exodus from the region towards safer markets overseas, affecting also risk driven markets ne read more
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Greece, Portugal, Trichet, All Against the Euro

posted by Avatar varna 793 days ago in USD, EUR, Fundamental made popular 793 days ago

The euro continued to drop today versus its main trading partners currencies and is going to post another weekly decline as concerns regarding the region’s growing budget deficit are still far from a solution, raising aversion towards assets in t read more
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Euro Bleeds with Portugal Downgrade

posted by Avatar varna 794 days ago in USD, EUR, Fundamental made popular 794 days ago

The euro declined versus all of the 16 main traded currencies this Wednesday as Portugal started to raise concerns strongly, after an important financial agency cut its credit rating for the first time, showing that hard times are still to come f read more
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Canadian Dollar Retrieves Bullish Path

posted by Avatar varna 795 days ago in USD, CAD, Oil made popular 795 days ago

The Canadian dollar advanced for the first time this week this Tuesday, as markets with strong correlation with the loonie provided support for the currency to gain specially versus its U.S. counterpart, but as well as important currencies global read more
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Euro: Who Will Rescue Greece?

posted by Avatar varna 795 days ago in USD, EUR, Fundamental made popular 795 days ago

The European single currency declined sharply in a day of strong volatility this Thursday as neither Greek officials nor ECB officials have found a solution to solve Greece’s budget deficit’s issues, in a drama that have been lasting more than tr read more
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Dollar Ends Week Advancing on Uncertainties

posted by Avatar varna 799 days ago in USD, EUR, GBP made popular 799 days ago

The U.S. dollar together with the Japanese yen were the top performers in currency markets before the end of this week’s trading session as multiple events worldwide set risk aversion to higher levels, as the news released today indicated negativ read more
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Recession’s Return Sets Pound Down

posted by Avatar varna 799 days ago in USD, EUR, GBP made popular 799 days ago

The pound lost today versus multiple important currencies as both the domestic and the international market scenarios were rather pessimist before the end of this week’s session, setting the pound to plunge once again paring the advances earned d read more
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Loonie’s Rally Ends on Oil Drop

posted by Avatar varna 800 days ago in USD, EUR, CAD made popular 800 days ago

The pessimism returned to financial markets today as European economic problems made the headlines once again in most financial websites this Thursday. Markets that influence the loonie, as the crude oil and other raw materials slid, affecting al read more
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Greek-IMF Funding Threat Pulls Euro Down

posted by Avatar varna 800 days ago in USD, EUR, Fundamental made popular 800 days ago

The European single currency slid for another day versus most of the 16 main trades ones in forex markets as Greece and the EU are exchanging accusations towards each other regarding the southern country budget crisis and how it should be solved, read more