U.S Dollar Advances on Stocks Weak Performance

The dollar gained versus most of the 16 main traded currencies today as speculations surged that current levels for stocks are not backed by fundamental evidences, forcing equities down and bringing investors to purchase Treasury bonds to protect their portfolios.

Dollar Down on Interest Rates Speculations

The dollar fell today versus several higher-yielding currencies after speculations from Fed key-members suggested that interest rates in the country may remain at a record low for an extended period, declining attractiveness for the U.S. currency since investors can opt for higher returns in assets overseas.

Dollar Rises on Low Optimism Session

Tuesday, November 17th, 2009

The U.S. dollar gained massively versus the euro and most of the 16 main traded currencies as risk aversion rose sharply in the beginning of the day as the IMF stated that the global economic recovery will be sluggish, attracting traders to the safety of the greenback.

Japan Growth Force Greenback Down

The U.S. dollar started this week losing versus its Canadian counterpart and the euro as the wealthiest economy in Asia posted an unexpected quarterly growth, signaling traders that economic conditions in Asia are improving driving capital flows towards high-yielding options.

Dollar Down After Significant Rally

This week has been extremely volatile for the U.S. dollar as different events moved markets sentiment among traders, forcing the dollar slightly down today after it rallied from the lowest level in 2009 versus the euro yesterday.

Dollar to Fall in 2010 on Record Low Interest Rates

The U.S. dollar touched its lowest level in more than a year versus most of its main rival currencies as speculations suggest that the Federal Reserve will maintain borrowing costs in a historic record low, as the economy still urges for stimulus to provide a more solid recovery.

Dollar Rises From Record Low

After being traded at the lowest level in 15 months yesterday, the greenback rebounded mainly versus higher-yielding options, as traders indicated that the U.S. currency devaluation could be too high and not compatible with domestic and global economic fundamentals, giving a breather to the greenback.

Dollar On Record Low after G-20 Agreement

The dollar lost versus most of main traded currencies as the Group of 20 will extend measures to stimulate the global economy, adding confidence among investors to purchase riskier assets, consequently affecting the attractiveness of the greenback.

Dollar Gains Slightly as Unemployment Rises

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.

Dollar Down Before Fed Decision

The dollar had a day of losses versus most of 16 main traders before the Fed will publish its monetary policies decisions tomorrow, as investors expect a rather dovish tone in policy makers’ statements.