The South African rand fell today on the speculation that the Prime Minister would announce the measures to weaken the currency during his today’s speech. South Africa’s unemployment rate reached 25.3 percent…
Norway krone fell today as the central bank would refrained from increasing the interest rates and on the speculation that the bank would slow the monetary tightening in the future. Norway’s central bank left its…
The Australian dollar fell after the report showed that the consumer prices rose less than expected, decreasing the possibility of the interest rates hike by the central bank. The consumer prices in Australia rose 0.7…
The Great Britain pound surged today after the Standard & Poor’s raised the credit outlook for Britain and the GDP report trimmed the bets for the quantitative easing. The Standard & Poor’s raised the Britain’s outlook…
The Japanese yen fell today as the concerns about another intervention continue to mount. The yen appreciated more than 5 percent since the last intervention. Yoshihiko Noda, Japan’s Minister of Finance, said…
The Great Britain pound fell today against the Japanese yen after report showed the number of the mortgage approval decreased more than expected. The pound gained against the US dollar, which fell…
The Japanese yen continued to rise today as the Group of Twenty meeting last week hasn’t provided decision, which could change the behavior of the currencies. The Bank of Japan confirmed its readiness to intervene in order…
The Australian dollar rose today after the report showed the Producer Price Index rose more than forecast in the third quarter. The Australian Producer Price Index (PPI) advanced from 0.3 percent…
The US dollar slumped today as the G-20 meeting failed to provided any reasonable plan on how to avoid the competitive devaluation of the currencies across the world, fueling the speculation about future quantitative easing by the Federal…
The Japanese yen demonstrated yesterday the same pattern as other currencies as it was highly volatile, yet closed near its opening level. Unlike some other currencies it managed to close…