Some American figures have shown improvement in the past month. Also economists have expressed optimism. This should be reflected in the upcoming Non-Farm Payrolls? April’s NFP could be better than expected. The dollar will feel it. There are several economic indicators that show that the American economy is improving, or at least stabilized. Hope for America … “8 Reasons why Non-Farm Payrolls will be Better”
Month: May 2009
Canadian Dollar Continues Rise on Positive Economic Forecasts
The loonie posted gains for 5 weeks in a row, on speculations that the global financial turmoil is easing, pushing commodity prices up. Canadas currency has been a fantastic investment since the beginning of March, against its U.S. counterpart, having the biggest rally since November 2007 gaining more than 2 percent during the past week. This month has been an optimistic one if compared with the previous … “Canadian Dollar Continues Rise on Positive Economic Forecasts”
Chilean Peso Strengthens on Central Bank Policy Bets
The Chilean currency continues its six-month bullish trend as copper price goes up and the national bank is expected to cut interest rates to improve the economy. In the second semester of the past year, the Chilean currency had a severe devaluation when the global slump scenario was confirmed, but since December, and despite the current problematic economic situation in the country, the peso … “Chilean Peso Strengthens on Central Bank Policy Bets”
Yen Weakens on U.S. Economy Recovery Speculations
The yen had a week of losses against the euro and the dollar, as the first signs of economic recovery appear in China and in the U.S. The dollar rose against the yen after Chrysler LLC filed for bankruptcy and will ally the Italian Fiat SpA with the investment of federal funds, as President Barack Obama confirmed this Thursday. The euro has posted … “Yen Weakens on U.S. Economy Recovery Speculations”