The Great Britain pound fell today versus the euro after the retail sales unexpectedly slowed in August, increasing the concern for Britain’s economy. The currency rose against the US dollar after it slumped…
The Canadian dollar fell today versus the euro to the lowest level more than a week and weakened against the US dollar after the prices for crude oil declined and stock dropped. October futures for oil…
The New Zealand dollar weakened today after the dovish statement of Alan Bollard, the governor of the Reserve Bank of New Zealand, suggested that the central bank would keep the interest rates unchanged. Bollard…
The Japanese yen pared yesterday’s losses on the speculation that Japan’s exporters would buy the currency after the government intervention pushed the yen down to the lowest level in almost two weeks against the US…
The Great Britain’s pound advanced today after the Japanese government performed the intervention to stem the yen’s gains, increasing the attractiveness of the currencies, perceived to be riskier. Henrik Gullberg, the currency strategist at the Deutsche Bank…
The Australian and New Zealand dollar went up versus the Japanese yen today after Japan’s government intervened, selling the yen. The New Zealand dollar fell against its US and Australian counterparts.…
The Russian ruble weakened today against the dollar-euro basket on the speculation that the appreciation of the currency would be curbed after Japan sold the yen for the first time since 2004. The ruble also fell…
The Japanese government intervened today in order to stop the gains of Japan’s currency, despite the candidate, who insisted on the intervention, lost the election as the head of the ruling party. Yoshihiko Noda, the Minister of Finance, announced that…
The Canadian dollar reached today the highest level in almost six weeks against the US dollar on the outlook that the central bank would continue to raise the interest rates. The currency slipped versus the euro…
The Chinese yuan reached the strongest level since 1993 versus the US dollar today on the speculation that China’s government would allow the faster appreciation of the currency to avoid the trade sanctions from the US.…