The South African rand fell today after the country posted the trade deficit in April, which caused the concerns that the nation’s economy will be more dependent on the foreign financial inflows. South…
The Canadian dollar rose against its U.S. counterpart, paring previous losses, and extended its rally versus the euro today on the signs of the record economical growth and on rising oil prices, which caused…
The Czech Koruna jumped today after the parliamentary election gave most votes to the parties determined to cut the budget spending, removing the concerns of the market participants that the election will be won by the parties…
The Japanese yen dropped today after the Japanâs Social Democratic Party left the coalition government, causing speculation that the political turmoil will diminish the currency’s attractiveness as the safe haven. The Social Democratic…
The euro’s movement this week was signified by high volatility as the announcement of China’s government eased concerns, caused by troubles of Spanish banking system, then speculation about the possible ban of naked shorts…
The U.S. dollar rose today against the euro and the Great Britain pound after the reports showed that the U.S. economy continues to expand, Japanese yen managed to outperform the U.S. currency, though, as the economic…
The euro experienced high volatility today against the U.S. dollar and the Japanese yen on the concerns that the austerity measures will be taken by the EU leaders to rein the debt crisis, hurting the economy. The speculation…
The Mexican peso rose today as the announcement of the Chinese government that it doesn’t plan to stop investing in Europe brought the respite to the global markets. The forecasts for the Mexico’s economic growth range from 4.3…
The Brazilian real strengthened, before retreating again, today as China stated that the report about its decision to abandon the European investments was “groundless”, easing the concerns on the global markets. The volatility of the real…
The euro advanced today against the U.S. dollar, erasing the yesterday’s decline, and rose versus the Great Britain pound and the Japanese yen after China confirmed its intentions to invest in Europe, damping the risk…