Latin American currencies hitting the heights

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. [More]

Category: Industry News

Japanese government sells off more than ¥692 billion, paving the way for recovery

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. [More]

Category: Industry News

Canada Dollar Up Modestly, But Fails To Break Decisively Higher

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... [More]

Category: Media Coverage

The Almighty Dollar: Stronger than ever, or on its last legs?

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. [More]

Category: Industry News

Lots of chances for investors to make money on the currency market

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. [More]

Category: Industry News

Dollar still not out of the woods, experts say

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. [More]

Category: Industry News

What about the carry trade?

Posted On: March 29, 2011
The global currency markets hold both good and bad portents for the carry trade. [More]

Category: Industry News

Rupee makes gains thanks to inflow of dollars

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. [More]

Category: Industry News

Belarus allows 10 percent devaluation of ruble

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. [More]

Category: Industry News

Dollar gains as focus shifts to U.S. rate outlook

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... [More]

Category: Media Coverage