The US dollar rose today, erasing previous decline, against the euro and the Japanese yen after the US macroeconomic reports posted another set of good results and as the concerns for the health of Europe’s economy increased…
The Swiss franc weakened today after the central bank left the interest rates unchanged and before the meeting of the European Union leaders, who are going to discuss the possible actions to deal with the European…
The South Korean won rose today, paring previous losses, after the currency fell to the lowest level in two weeks as the exporters are preparing to convert their overseas earnings before the end of the year.…
The Canadian dollar strengthened on the speculation that the financial crisis in the Europe may worsen and after the proposed tax cuts were accepted by the US Senate. The US Senate passed the $858 billion tax cut…
The US dollar rose today against most of its major counterparts on the concerns that the financial crisis may spread across the Eurozone and as the macroeconomic reports signaled that the economic recovery in the US persists.…
The Swiss franc rose against the euro today as the concerns for about the European debt crisis increased the demand for the currency as the safe haven, but dropped versus the US dollar as the yesterday’s reports signaled about…
The euro dropped today after the Moodyâs Investors Service said that Spainâs debt rating is reviewed for the possible downgrade, renewing the concerns about the spreading of the sovereign-debt contagion across the Eurozone. The Moody’s…
The Canadian dollar rose today on the good fundamentals in Canada and the US, the nation’s largest trading partner, and as the prices for crude oil, the biggest Canadian export, pared losses. Canada’s leading index rose 0.3…
The Australian dollar jumped, reaching parity with the US currency, today as China refrained from increasing its interest rates, boosting the commodities and the stocks and increasing the attractiveness of the currency. China was expected…
The US dollar slid today after the Federal Reserve signaled that it may extend its bonds purchasing program and on concerns that the US economic recovery may stall. The currency regained…