The Great Britain pound extended its advance against the U.S. dollar today as the growing house prices and the rising nation’s equities, which previously fell, signaled that the economic recovery accelerates. The average…
The Brazilian real rose today as the favorable economic data from the U.S. caused the speculations that the Europe’s problems won’t be affecting the nation’s economy that much. The pending home sales have…
The Canadian dollar gained today against its U.S. counterpart and the euro, paring its yesterday’s losses, on the outlook for the rising employment and the increasing prices of the equities and crude oil. Canadian employers added 108,700…
The New Zealand dollar dropped today against its Australian counterpart on the concerns that the Aussie will be more attractive to the investors, interested in carry trade, because of the higher interest rates in Australia.…
The Japanese yen tumbled today to the lowest level in two weeks on the speculation that Naoto Kan, who is currently the Finance Minister, will succeed the present Prime Minister Yukio Hatoyama. Hatoyama…
The Canadian dollar fell today on the uncertainty about the future increases of the interest rates as the central bank suggested that it’ll be cautious to increase the rates after it raised the target rate today.…
The euro went down today after Germany’s president unexpectedly resigned and on the concerns that the measures taken to contain the debt crisis may hurt the European economy. Horst Koehler announced yesterday the decision…
The Australian dollar was weakened by the central bank’s decision to leave the interest rates unchanged and after yet another unfavorable news have come from Europe. The concerns about the European economy renewed,…
The Swiss franc fell against the U.S. dollar today as the decrease of the investment and the government spending caused the deceleration of the economic growth. The Swiss gross domestic product grew 0.4 percent in the first quarter of this…