The US dollar performance was abysmal this week as concern about the slowdown of the US economic growth persists and even the good news weren’t able to weaken the fears. The dollar fell versus all…
Posts published in July 2010
Franc Rises Against Euro on Signs of Improving Economy
The Swiss franc rose reached today the highest level this week against the euro after the leading economic indicators remained at the highest level in almost four years. The KOF Economic Barometer remained…
The US dollar fell against the Japanese yen today to the lowest level since November 2009 after the economic report suggested that the US economic growth slows, decreasing the appeal of the US currency.…
Indian Rupee Boosted by Increase of Interest Rates
The Indian rupee rose today after the central bank increased the interest rates for the fourth time this year, raising the yield on local assets. The Reserve Bank of India raised the overnight borrowing rate…
Brazil’s Real Rises on Better Consumer Sentiment
The Brazilian real advanced today against the euro on the speculation that demand for the South American exports would grow as the European economic outlook brightened. The currency declined versus the greenback. The index of consumer sentiment…
Loonie Rises vs. Greenback, Falls vs. Euro
The Canadian dollar rose against its U.S. counterpart after two days of decline as demand for the crude oil, the main Canada’s export, increased and the commodity prices rallied. The loonie performed not so…
Yen Strengthens vs. Dollar on Increasing Growth Concern
The Japanese yen rose today against the U.S. currency as the growing concern for the global recovery spurs the investors to seek safety, increasing the appeal of the Japanese currency. The U.S. economy continues to show the sings of the weakness.…
The euro rose against the U.S. dollar today on the concern for the U.S. economic recovery, which decreased the appeal of the U.S. currency for the investors and increased the attractiveness of the shared European currency. The euro regained some of its…
The Polish zloty extended its rally for the eighth consecutive day against the euro as the estimates of the Economy Ministry showed that the economy grew with the increasing pace, igniting the speculation that the central bank…
The U.S. dollar fell today against the Japanese yen after the report today showed that the orders for the U.S. durable goods fell unexpectedly in June, fueling the concern for the economic recovery and spurring the investors…