The euro rose today, erasing the previous losses, against all of its most-trading counterparts after the report showed that the European services industries expanded, suggesting that concerns for Europe’s economy is…
The Canadian dollar weakened today against its US counterpart as the stocks dropped and on the outlook for the slower growth of the employment in Canada. The currency rose against the euro. The analysts estimated that the Canadian employers added…
The New Zealand dollar weakened today after the Treasury Department said that the nation’s economy may grow slower in the second half of this year than was previously estimated on the stalling global…
The euro slipped today against most of its most traded counterparts as the concerns, that the European nations would fail to reduce their budget deficit, erased the attractiveness of the shared 16-nation currency. The Financial…
The Australian dollar rose for the sixth consecutive week against its US counterpart as the rapid growth in the Asian region boosted the demand for the higher-yielding currencies and after the bets on the rates hike increased. The Chinese government…
Today was a bad day for the safe currencies, including the Swiss franc, which fell against the euro. The franc also weakened after the macroeconomic data showed that the manufacturing slowed and the retail sails…
The US dollar dropped today against the euro to the lowest level since March, and also fell against all other major currencies, on the speculation that additional stimulus is required to support the US…
The Easter European currencies, including the Hungarian forint, were rising today as the improving sentiment about Europe’s economy and the governments’ pledge to cut the budget deficits attracted the foreign funds. The Hungarian government pledged…
The Swedish krona rose today to the highest level in two years versus the US dollar on the speculation that the central bank would perform its monetary tightening plans and as the economic data was favorable.…