The Polish zloty tumbled today on the increasing concerns about the European sovereign-debt and as the Fitch Ratings requested the country to decrease its deficit. The Financial Times Deutschland reported that Eurozone policy makers are…
The Great Britain pound rose today against the Swiss franc as the optimistic statement of the central bank’s governor Mervyn King improved the confidence in Britain’s currency. Against other currencies the pound was rather…
The euro slipped today as the workers in Portugal and Ireland are planning to go on strike to protest about the planned austerity measures, curbing the appeal of the shared 16-nation European currency. Portugal’s government announced in September…
The Canadian dollar surged today, erasing losses against its US counterpart, as the signs of the economic recovery outweighed the risk aversion sentiment, spurring the loonie. The Canadian consumer prices rose 0.7 percent…
The Japanese yen rose today against the euro after it declined previously as the United Nations called for the talks with North Korea about its attack on the South Korean island, supporting the Asian…
The New Zealand dollar strengthened today after two days of decline on the speculation that the previous drop was exaggerated and the global economic growth would bolster the kiwi. The New Zealand currency dropped…
The US dollar advanced after the report showed that the US GDP and manufacturing expanded and on concerns for the European debt crisis and the Korean conflict. The preliminary report on the US gross domestic product showed that…
The euro experienced the sharp drop today as the optimism about Ireland’s bailout waned and the debt problems in other peripheral economies came to attention. The Irish government announced on the weekend that it would ask…
The Malaysian ringgit dropped today as the report showed the economic growth in Malaysia, as well as in some other Asian countries, slowed. The government report showed that the Malaysian economic growth slowed compared to the 8.9…
The Swiss franc strengthened today after North and South Korea exchanged the artillery fire, increasing demand for the currency as the safe haven. South Koreaâs Joint Chiefs of Staff stated that North Korea…