The US dollar fell today to the lowest level since February against the euro and the Great Britain pound before rebounding and extended its decline versus the Japanese yen. The dollar weakened on the speculation that…
The Great Britain pound hit today the highest level since February against the US dollar after the central bank’s policy makers kept the interest rates unchanged and decided not to increase the purchases…
The Australian dollar climbed to the record against the US currency today after the employment in Australia unexpectedly surged, causing the speculation that the central bank would raise the interest rates. The Australian employers added…
The Japanese yen extended its rally today, erasing its losses since the Bank of Japan step in to weaken the currency and causing the speculation that the Bank would perform another intervention. The yen also…
The Canadian dollar rose today to the highest level in five months against the US dollar on the prediction the central banks across the world would cut their interest rates while the Canadian central bank…
The Great Britain pound fell today versus the US dollar and the Japanese yen and traded near the lowest level in four months against the euro before the meeting of the Bank of England’s policy makers to discuss…
The US dollar fell today as the Federal Reserve may follow the Bank of Japan in adding further stimulus and on the anticipation of the increasing jobless claims and unemployment rate. The Dollar Index, tracking the US currency versus…
The Bank of Japan cut its interest rates today to virtually zero and announced its asset purchase program. The decision to add stimulus was rather unexpected and the yen dropped against the euro and the Great…
The Canadian dollar traded today at the highest level in two months against its US counterpart as crude oil, Canada’s key export, hit the highest level in eight weeks and the global stocks rallied,…
The report about the unexpected growth of the services industries also boosted the Great Britain pound, reducing the possibility that the central bank would be required to restart bond purchases in order to support Britain’s…