Sunday, November 8, 2009

Dollar Gains Slightly as Unemployment RisesNovember 6th, 2009
Risk appetite suffered a significant impact towards the end of this week’s session after both U.S. and Canada published grim employment figures, forcing investors to take more cautions positions and bet once again in the relative safety provided by dollar-priced assets.

Yen Gains on U.S. Job LossesNovember 6th, 2009
Demand for safety rose towards the end of this week’s session as U.S. payrolls were cut beyond analysts expectations, suggesting that the economic recovery in North America will take longer than previously imagined by economists.

South African Rand Top Weekly Currency on Gold RiseNovember 7th, 2009
The South African rand was the best performing among 16 main traded currencies in foreign-exchange markets, as demand for metallic commodities exported from the African nation rose globally, increasing their rates and influencing positive the rand’s price and attractiveness.

Brazilian Real Gains Sharply on Risk DemandNovember 7th, 2009
The Brazilian real had one of the best weeks in more than 2 months as demand for commodities and emergent markets assets rose globally, maintaining the real as the best performing currency in 2009 among the 16 main traded ones in foreign-exchange markets.