Posts published in July 2010

The euro is growing against the other major currencies today, as the European banks’ stress test speculations provide a better ground for the Forex traders than the sovereign debt risk concerns in some of the Eurozone…

Following the release of the statement by IMF regarding the financial state of the Hungarian economy, the Hungarian forint fell to the lowest level since July 7 against the U.S. dollar and then rebounded slightly. On July 17,…

The euro moved up and down this week as the investor sentiment improved after Greece and Spain auctioned their debts, but the gains of the currency were restrained by the concern for the global growth, fueled by the bad…

The U.S. dollar weakened versus the Japanese yen to the lowest level since the beginning of this year on the signs of the slower economic growth; the bad news from the U.S. fueled concerns for the global economic recovery,…

The Great Britain pound slipped today amid speculations that the slowing global economic recovery would decrease the attractiveness of the currencies tied to the growth. The consumer sentiment and the consumer prices in the U.S. expected to fall,…

The Japanese yen rose today on the speculation that the Federal Reserve would keep the interest rates at current record low level as the U.S. economic growth shows signs of the slowdown. The analysts estimated that…

The Canadian dollar weakened today after the economic growth in the U.S., the biggest Canada’s trading partner, showed the signs of the slowdown, possibly reducing demand for the Canadian exports. The Standard & Poor’s 500 Index…

The U.S. dollar fell today against the euro and the yen as the macroeconomic indicators suggested that the economic expansion in the U.S., while continues, is slowing its pace, curbing the appeal of the U.S. currency. The Philadelphia…

The Hungarian forint fluctuated today against the U.S. dollar and may drop lower on the speculation that the discussion between the nation’s government and the International Monetary Fund about the terms of the bailout loan might fail.…

The Brazilian real declined today versus the euro after the U.S. retail sales fell more than forecast, spurring the concerns for the sustainability of the global economic recovery. The retail sales in the U.S. declined 0.5…