The Australia dollar rose today as the speculation about the possible bailout for Ireland increased demand for the higher-yielding assets, increasing the bets on the rates hike by the central bank. Ric Battellino, the Deputy Governor of the Reserve Bank…
The Canadian dollar rose today against its US counterpart after two day of losses on the better-than-expected economic reports from Canada and as the speculation that the debt problems of Ireland would be prevented…
The Brazilian real rose today as the speculation that Ireland would receive the aid improved the traders’ risk appetite and increased the demand for the higher-yielding markets. Previously the real was declining as the concerns for the European debt…
The euro rose today on the hopes that the bailout, provided for Ireland, would prevent Ireland’s debt problems from spreading to other countries of the European Union. The officials from the European Union and the Internationals Monetary…
The New Zealand dollar strengthened today against its US counterpart after the report showed that the producer prices rose more than the economists anticipated, causing the speculation that the central bank…
The Canadian dollar dropped today as the poor economic reports from the US caused the concerns about the effect of the quantitative easing on the US economy and decreased the attractiveness of the currencies related to the economic growth. The Federal Reserve…
The US dollar declined today as the reports from the US signaled that the recovery of the US economy may be slowing, decreasing the attractiveness of the US currency as the safe haven. The Consumer Prices Index increased…
The Great Britain pound gained today after the jobless claims in the UK unexpectedly declined and the concerns about the Irish debt crisis spreading to other countries of the European Union increased the demand for the relative safety…
The Canadian dollar declined today as the concerns about the sovereign debt in the European countries caused the investors’ sentiment to shift toward the risk aversion, damping the appeal of the commodities and the stocks and decreasing demand for the growth-related currencies.…
The euro dropped today as Ireland’s Prime Minister claimed that the nation doesn’t seek the external aid, the concerns about Greece’s debt intensified and the investors’ sentiment turned to risk aversion. Ireland continues…