Risk aversion rose today favoring the Japanese currency after a U.S. gross domestic product report indicated a slow down in the quarterly growth, creating speculations that the nation’s recovery will take longer than expected, attracting investors to safer bets.(…)
Read the rest of Yen Gains on U.S. Mediocre GDP Number (69 words)
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The Mexican peso rose after Fitch Ratings finally ended a speculations drama and cut the country’s rating one level, making the peso to grow as currently it is one of the cheapest currencies among emergent markets.(…)
Read the rest of Mexican Peso Advances on Fitch Ratings Cut (70 words)
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The Canadian currency, which started the week rallying majorly versus its U.S. counterpart, was one of the worst performers today as commodities and stocks faltered, influencing negatively the outlook for the loonie and other currencies from commodity exporter nations.(…)
Read the rest of Canadian Currency Tumbles on Risk Aversion (159 words)
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