The Australian dollar plummeted against its U.S. counterpart today after the U.S. stocks went down as the demand for the higher-yielding assets fell, driven down as the Goldman Sachs Group Inc. was sued for the fraud.…
The Canadian dollar tumbled today against its U.S. counterpart, erasing the previous gains, and versus the euro after the crude oil’s prices fell and as China is going to cool its economy and put…
The U.S. dollar gained today, benefiting from the rising demand for the safer currencies after the meeting of the European Union’s minister to discuss measures, required to fight the budget deficits, and as China plans to let its…
The Great Britain’s pound rally against the U.S. dollar halted and its gains versus the euro snapped today as the concern that the forthcoming parliamentary election will result in the stalemate renewed with the greater…
The Chinese yuan rose against the euro today on the speculation that the nation’s expanding economy will encourage the policy makers to allow the appreciation of the China’s currency. The economic expansion was helped mainly by the stimulus…
The Canadian dollar trades near parity with its U.S. counterpart as traders shored up bets before the meeting of the nationâs central bank to determine the interest rates, occurring next week. The relatively…
The widening growth of the Chinese economy helps to boost other Asian country’s economies and exports, and the appreciating South Korean won is one of the signs of this trend. The funds are streaming into the country,…
The euro went down today as the concern grows that the rescue package, provided by the European Union to Greece and valued as much as 45 billions euro ($61 billion), wouldn’t be enough to completely deal…
The Australian dollar advanced today, supported by the unexpectedly high growth of the U.S. retail sales, which spurred speculation about the rising demand for the higher-yielding assets. The U.S. retail sales jumped 1.6 percent…
The Swiss franc fell versus the euro on the speculation that the central bank was performing the selling of the currency to prevent its excessive appreciation because of the slowing economic recovery. Earlier Jean-Pierre Danthine, the Governing…