The Great Britain pond climbed against the euro today on the mounting concerns about the debt crisis in the European Union. The pound traded near the opening level versus the US dollar as the UK consumer sentiment…
The Brazilian real pared today its previous losses on the outlook for the central bank to increase the interest rates, attracting more investors to the country. The analysts say that the central bank may raise the interest…
The Australian dollar dropped today on the concerns about the Korean conflict and the European sovereign-debt. The currency also fell after the report showed that the business profits in Australia unexpectedly declined. The Australian Company Gross…
The Canadian dollar jumped against the euro today as Ireland’s bailout failed to reduce the fears about the European sovereign-debt crisis. The currency also slightly rose versus the US dollar after crude oil…
The euro dropped today after Ireland received the aid and the European policy makers ended discussion of the post-2013 bailouts. The currency was also weakened by the concerns about the Korean conflict. Ireland received its…
The South Korean won rose today as the investors sought to convert their overseas earnings while the exchange rate was favorable. Last week the won dropped after the tension between North and South…
The US dollar strengthened this week as the concerns for the spreading of the European sovereign-debt contagion and the worries about the tensions between North and South Korea boosted the demand for the safer assets. The concerns about the European debt…
The Australian dollar slumped today after the remarks of Australia’s central bank governor suggested that there will be the interest rates increased in the new future. Glenn Stevens, the Governor of the Reserve Bank…
The Canadian dollar slumped today against its US counterpart as the tension between North and South Korea is becoming more heated and the European debt crisis threatens to spread across the Eurozone, causing…
The US dollar advanced today as the concerns that the conflict between North and South Korea would escalate increased the demand for the currency as the safe haven. The US aircraft carrier was sent as the show of strength…