Posted On: March 31, 2011
The Brazilian real and the Mexican peso are among the currencies that have benefitted most from the general weakness of the dollar in recent weeks, Reuters reports.
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Posted On: March 31, 2011
The yen has more or less stabilized after skyrocketing to its highest valuation since the end of World War II in the wake of the tsunami and earthquake that caused widespread devastation in Japan according to Bloomberg.
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Posted On: March 31, 2011
Brendan McGrath, Senior Foreign Exchange Trader at Western Union Business Solutions, recently spoke to Wall Street Journal about recent movements in the Canadian dollar:
Everybody seems to be...
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Posted On: March 30, 2011
It's no secret that the exist currency regime, in which the U.S. dollar serves as the default reserve currency, has its fair share of enemies.
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Posted On: March 30, 2011
Some new trends in the worldwide currency market have made the potential rewards for investors more tempting than before - and elevated the risks as well, according to CNBC.
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Posted On: March 30, 2011
Despite public statements from senior Federal Reserve officials indicating a more conservative monetary policy is in the pipeline, many analysts told the Wall Street Journal recently that the dollar is unlikely to see long-term gains in value.
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Posted On: March 29, 2011
The global currency markets hold both good and bad portents for the carry trade.
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Posted On: March 29, 2011
India's rupee saw moderate gains early this week, according to a report from the Economic Times, as the local economy's performance spurred foreign investment and borrowing for the approaching end to the fiscal year ramped up.
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Posted On: March 29, 2011
A broadening of the allowable sales price for the Belarussian ruble amounts to a roughly 10 percent devaluation of the currency. The country's national bank said the move was necessary in order to build up foreign currency reserves.
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Posted On: March 29, 2011
Brendan McGrath, Senior Analyst at Western Union Business Solutions, considered the euro’s recent movement for a market update posted by Reuters on March 25th.
“A failure to...
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