Posts published in August 2010

The dollar extended its losses against the other currencies as the macroeconomic reports continue to suggest that the US recovery is fragile and the additional stimulus may be required. On Monday, the good reports weren’t…

The Great Britain pound rose versus the greenback on the report from the US about more than expected job losses. The sterling fell against the euro and the dollar as the data from the UK itself hasn’t…

The US dollar slumped today after the US non-farm payrolls sank more than expected, suggesting that the Federal Reserve would require to perform additional stimulus measures to support the nation’s economy.…

The euro fell vs. the dollar after the report showed that the industrial output in Germany declined and on the speculation that the conditions on the US labor market improved. The German industrial production fell 0.6 percent…

The Australian dollar rose today and is heading for the third weekly gain versus the greenback as today’s report expected to show that the US employment decreased. The analysts expect that today’s report would…

The Japanese yen strengthened today the stocks dropped and the number of the jobless claims in the US rose more than expected, driving the investors to seek the safety of Japan’s currency. The analysts estimated previously that the jobless…

The Great Britain pound fell today after the central bank’s policy makers kept the interest rates at the low level, despite the concerns that the inflation may accelerate. The pound was rising the last…

The Czech koruna fell against the euro as the traders expect the government to weaken the currency to protect the nation’s exports and prevent the deflation. Against the greenback the koruna fluctuates between gains and losses after its slumped…

The South Korean won extended its gains for the fifth day after the macroeconomic data from the US eased the concerns about the global economic growth. The yesterday’s report showed that the conditions of the service…

The Canadian dollar gained today as crude oil traded near its record levels and the Canadian employers added jobs for the seventh consecutive month according to the analysts’ estimates. Crude oil traded near…