The Swiss franc was down for the second week as prospects of peg of the currency to the euro significantly reduced appeal of the franc a safe ass...
Sunday, September 18, 2011
Franc’s Rally Fails on Euro-Peg Speculation
The uncertain economic situation on market creates great demand for safer currencies. Governments, worried by resulting appreciation, attempt to intervene to rein excessive appreciation of such currencies. Today, the Swiss franc was one of the currencies that felt pressu...
Sunday, September 18, 2011
Franc Falls for Second Day on Risk Sentiment
The Swiss franc weakened for the second trading session as the positive macroeconomic data from Europe boosted stocks and commodities, reducing investors’ need for safety of the fra...
Sunday, September 18, 2011
Franc Gains as Markets Return to Risk Aversion
The Swiss franc snapped its decline today as the speculation about potential slowdown of the global economic growth returned attractiveness to safe currenci...
Sunday, September 18, 2011
Franc Falls as Bernanke Improves Sentiment on Markets
Friday, August 26th, 2011 The Swiss franc slumped today after Federal Reserve Chairman Ben. S. Bernanke spoke today, improving sentiment on markets, while rumors abound that Switzerland’s policy makers are preparing another action to weaken the Swiss...
Sunday, September 18, 2011
Franc Rallies as SNB Doesn’t Intervene
The Swiss franc gained today for the second day, snapping yesterday its three-day downfall versus the US dollar and the euro, as the Swiss National Bank hasn’t announced new measures to curb franc’s streng...
Sunday, September 18, 2011
Franc Jumps as US Payrolls Show Zero Growth
The Swiss franc climbed today against the US dollar, extending its rally for the third day, after the non-farm payrolls showed that US employers weren’t adding jobs last mon...
Sunday, September 18, 2011
Record Drop of Franc After SNB Pegs Currency to Euro
The franc plunged today, posting the biggest decline against the euro in all times, after the Swiss National Bank decided to set limit of franc’s appreciation versus the eu...
Sunday, September 18, 2011
Franc Considered Overvalued Even Pegged to Euro
The Swiss franc fell today against most major currencies as Economy Minister Johann Schneider-Ammann said that the currency is “massively overvalued” even after the central bank pegged the franc to the euro. The franc advanced against the euro tod...
Sunday, September 18, 2011
SNB Maintains Rates at Zero, Franc Strengthens
The Swiss franc rose today even after the Swiss National Bank left the benchmark interest rate at zero at pledged to maintain the peg of the nation’s currency to the eu...
Sunday, September 18, 2011
Swedish Krona Down on Eurozone Optimism
The Swedish krona fell for another day this Wednesday as optimism in the Eurozone and negative releases in the Nordic country declined attractiveness regionally for assets in Swed...
Sunday, September 18, 2011
Retail Sales Bolsters Swedish Krona & Bets on Rates Hike
The Swedish krona gained today after the report showed the retail sales grew more than predicted, increasing the probability of the interest rates hi...
Sunday, September 18, 2011
Krona at Two-Year Record on Outlook for Monetary Tightening
The Swedish krona rose today to the highest level in two years versus the US dollar on the speculation that the central bank would perform its monetary tightening plans and as the economic data was favorab...
Sunday, September 18, 2011
Swedish Krona Reaches 10-Year High vs. Euro
The Swedish krona rose for the second day versus the US dollar and reached the highest level in 10 years against the euro on the speculation that the strong global economic growth will increase demand for Sweden’s asse...
Sunday, September 18, 2011
Swedish Krona Gains as Economic Growth Exceeds Forecasts
The Swedish krona strengthened today, rising to the highest level in two and a half years versus the US dollar, after the report showed that Sweden’s economic growth beat forecas...
Sunday, September 18, 2011
Swedish Krona Fell as Inflation Pressure Recedes
The Swedish krone declined today as the inflation pressure weakened, reducing need for the central bank to increase the interest rat...
Sunday, September 18, 2011
Swedish Krona Rises with Better Growth Outlook
The Swedish krona strengthened today after the government raised its growth forecast for the nation’s economy, adding to reasons for the central bank to raise its interest rat...
Sunday, September 18, 2011
Swedish Krona Surges to 2.5-Year Record on Higher Rates
The Swedish krona jumped to the highest level in more than two and a half years after the central bank raised the interest rates to slow the inflati...
Sunday, September 18, 2011
Swedish Krona Falls on Growth & Interest Rates Outlook
The Swedish krona today fell against all its most-traded peers as the government slashed its growth forecast for the nation’s economy, spurring speculation that the central bank won’t be able to increase lending rat...
Sunday, September 18, 2011
Swedish Krona Falls as Manufacturing Declines
The Swedish krona fell as the report showed that manufacturing in Sweden contracted last month, reinforcing outlook that the nation’s central bank would cut interest rat...
Sunday, September 18, 2011
Important Week for US Dollar, Can It Confirm Bullish Trend?
Last week was very important for the US dollar because the currency reversed its bearish trend and strengthened versus most of its counterparts. This week can be even more important as it may confirm the trend or break ...
Sunday, September 18, 2011
Forecast: Yen May Go Down on Intervention and BoJ Rates Decision
The Japanese yen rose sharply on the last Friday after the earthquake hit the country, spurring risk aversion and demand for the currency as a safe haven. Today the currency slipped as the government and the central bank attempt to deal with the results of the disaster. Can the Japanese currency still profit from the fears,...
Sunday, September 18, 2011
Can Euro’s Rally Run Out of Steam?
The euro surged last week as the European leaders made some preliminary agreements about resolving the sovereign debt crisis. The improving sentiment about the ability of Japan to recover from the disaster also helped the currency. Can the shared European currency maintain its upward momentum this we...
Sunday, September 18, 2011
Week that Can Define Future of Dollar
This week promises to be very important for the US dollar as there will be many fundamental reports, including the very important non-farm payrolls. Will they confirm the tendency of the US economy to improve, increasing the probability of an interest rates hike? The answer to this question can define the behavior of the US currency for a long...
Sunday, September 18, 2011
USD Reverses Trend as Market Sentiment Shifts
This week has started with market sentiment turning to risk aversion mood and such sentiment may remain for the rest of the week. This can be both positive and negative for the US curren...
Sunday, September 18, 2011
Iraqi Dinar: Main Drivers & Redenomination
Iraqi dinar can be an interesting option for traders who look for currencies with great potential for profit. But such potential often comes with higher risk. How investor can predict performance of the din...
Sunday, September 18, 2011
Story of EU Debt Crisis Continues, Drowning Euro
The euro started this week very poor. The currency currently shows weak attempts to regain its footing, but most analysts have a very negative outlook for the euro in the near-term. The reason remains the same: sovereign-debt cris...
Sunday, September 18, 2011
Future of the US Dollar with AA+ Rating
Following the Friday’s US credit rating downgrade by Standard & Poor’s the Forex traders are wondering how will the currencies react tomorrow and where will the dollar head during the next few wee...
Sunday, September 18, 2011
Intervention: Way to Weaker Franc or Bluff of SNB?
The Swiss franc is considered one of the most attractive currencies (if not the most attractive) nowadays as the strength of the franc makes it preferable as a safe haven. With all the financial turmoil in Europe and America the safety of the currency is in high demand among investors. But the Swiss National Bank announced last...
Sunday, September 18, 2011
Forecast: Fundamentals Aren’t Favorable for Pound
The Great Britain pound fell during the previous week, but rose at the beginning of this week. Could it be a sign that the sterling is going to reverse its bearish trend? The currently available data shows that such case is unlike...
Sunday, September 18, 2011
Bank Indonesia Raises Borrowing Costs
The increased the interest rates today for its third meeting in a row to efficiently fight the accelerating inflation caused by the growing food and oil pric...
Sunday, September 18, 2011
Indonesian Rupiah Rises on Strong GDP Growth
The Indonesian rupiah advanced today to the strongest level in almost three months as Indonesia’s economy expanded with the fastest pace in six yea...
Sunday, September 18, 2011
Indonesian Rupiah Gains on Positive Growth Outlook
The Indonesian rupiah advanced for the third day today on positive outlook for the biggest economy of Southeast Asia, caused by the inflow of foreign fun...
Sunday, September 18, 2011
Worries About Europe Ease, Indonesian Rupiah Gains
The Indonesian rupiah strengthened today as concerns about the European debt crisis eased, increasing appeal of riskier currenci...
Sunday, September 18, 2011
Indonesia Intervenes to Support Rupiah, India & South Korea Follow
The Indonesian central bank intervened, selling dollars, to support the Indonesian rupiah that was weakened by the pessimistic outlook for the currencies of the emerging marke...
Sunday, September 18, 2011
Sheqel Gains on Interest Rates Swaps
The Israeli New Sheqel rose today as the difference between Israel’s and the US interest rates attracted investors to the curren...
Sunday, September 18, 2011
Israel’s Sheqel Falls on Dollar Purchase Speculations
The Israeli currency had the sharpest fall in 4 months today as the government is likely to increase a dollar purchasing program to stimulate the national curren...
Sunday, September 18, 2011
Chilean Peso Down on U.S. Economic Improvement
The Chilean peso suffered with the side effects of positive reports in North America that attracted traders to purchase assets in the U.S., leaving emerging markets in a second plan for traders to invest their money, despite a considerable level of risk appetite in today’s sessi...
Sunday, September 18, 2011
Chilean Peso Climbs After Earthquake
The Chilean peso oddly profited from a natural tragedy that impacted the country in the first night of this month, as speculations suggest that the reconstruction process in the country, will allow the country’s economy to accelera...
Sunday, September 18, 2011
Chilean Peso Profits from Earthquake Damage
The Chilean peso gained, cutting its losing streak, which it experienced for three weeks, on speculation that the government and insurers may start selling dollars, to pay for fixing the damage caused by the earthquake with a magnitude of 8.8 magnitu...
Sunday, September 18, 2011
Chilean Peso Weakened by Turmoil on Global Markets
The Chilean peso declined today versus the euro as the global equities and the commodity prices dropped, feeling the impact of the banking troubles in Spain and the conflict on the Korean peninsu...
Sunday, September 18, 2011
Chilean Peso Falls on Low Economic Activity
The Chilean peso weakened today against the euro as the industrial output and sales rose less than forecast and the mining production fe...
Sunday, September 18, 2011
Chilean Peso Goes Up as Demand for Copper Increases
The Chilean peso rose today as the outlook for the exports of the raw materials improved after the US and China reported about the better-than-expected growth of the manufacturi...
Sunday, September 18, 2011
Intervention Causes 20-Year Record Decline of Chilean Peso
The Chilean peso dropped today most in twenty years after the central bank announced its intention to purchase $12 billion in the foreign-exchange mar...
Sunday, September 18, 2011
Chilean Peso Rises with Inflation Expectations
The Chilean peso rose today as the inflation is expected to jump to the highest level in two years, causing the analysts to scrap forecasts that the interest rates won’t be increas...
Sunday, September 18, 2011
Chilean Peso Falls as US Economy Reduce Risk Appetite
The Chilean peso fell today as the economic data suggested that the US economy is slowing, therefore reducing demand from investors for higher-yielding, but riskier, currenci...
Sunday, September 18, 2011
GBP Falls vs. EUR with Consumer Confidence & Retail Sales
The Great Britain pound fell today against the euro and fluctuated versus the dollar as the signs that the economy of the UK is weakening made the sterling less attractive to Forex trade...
Sunday, September 18, 2011
Pound Goes Down as UK Economy Slows
The Great Britain pound weakened against the Japanese yen and slowed its advance versus the US dollar after the report showed the UK economy grew with slower pace in the second quart...
Sunday, September 18, 2011
Forecast: Fundamentals Aren’t Favorable for Pound
The Great Britain pound fell during the previous week, but rose at the beginning of this week. Could it be a sign that the sterling is going to reverse its bearish trend? The currently available data shows that such case is unlike...
Sunday, September 18, 2011
Pound Profits from Terrible US Payrolls
The Great Britain pound gained against the US dollar as bad US non-farm payrolls reduced attractiveness of the greenback. The sterling also moved higher versus the euro as traders are concerned about the European econo...
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