Posts published in July 2010

The Australian dollar fell today for a second day against its U.S. counterpart as the in inflation rose slower than expected, fueling the speculation that the central bank would keep the interest rates unchanged.…

The Brazilian real declined today on the speculations that the central bank may start selling the currency for the dollars for the first time in more than a year. The central bank needs to curb the real’s gains and protect…

The Canadian dollar weakened today after the decline of the U.S. consumer confidence and the decreasing prices for commodities damped the appeal of the currencies tied to growth. The Conference Board’s index of the U.S. consumers’ sentiment dropped to 50.4,…

The U.S. currency strengthened today against the euro and the Japanese yen as the macroeconomic indicators suggested that the U.S. economy is recovering. The dollar dropped versus the Great Britain pound. The report about the new…

The Swiss franc weakened today versus the U.S. dollar and the euro as the U.S. and the European economies show signs of recovery, damping demand for the franc as the safe currency and drawing the investors to the riskier assets. The MSCI World…

The Japanese yen declined today against the U.S. dollar and the euro as the signs of the economic recovery in the U.S. prompted the investors to leave the safe currencies in favor of the higher-yielding ones. The Dow Jones Industrial Average rose…

The Canadian dollar went up today against its U.S. counterpart as the gains of the U.S. equities and the improving conditions on the U.S. housing market bolstered the currencies tied to the growth, including the loonie. The Canadian currencies…

The U.S. dollar weakened today as the new home sales surged in the U.S. and the corporate earning increased, improving the appetite for the risk among the investors. The greenback fell versus most of other major currencies. The U.S.…

The Chinese yuan strengthened today as the central bank kept its reference rate unchanged and after the stress test of the European banks failed to improve the confidence in the strength of Europe’s economy. Seven from 91…

The South African rand extended its rally today for the fifth day as the prices for platinum and gold rose and the central bank kept the benchmark rate unchanged. The South African Reserve Bank kept the repurchase…