The South Korean won appreciated today as the concerns for the economic growth eased, boosting the outlook for South Korea’s economy and increasing chances that the central bank will raise the interest rates. The nation’s gross…
The South African rand extended its gains today for the third day against the US dollar as the favorable economic data from the US signaled that the recovery is underway and improved the risk sentiment…
The Chinese yuan appreciated today as the macroeconomic data signaled about the worldwide economic growth and after the central bank set the daily reference rate higher in response to the dollar’s declines. The Chinaâs Purchasing Managersâ…
The Canadian dollar slipped today on the concern that yesterday’s rally was overdone in the light of the expected nonfarm payroll’s decline and as the fundamentals in Canada signal about the slower economic growth. The tomorrow’s report on the US…
The Swiss franc is heading to the parity with the US dollar as the pace of Switzerland’s economic growth was faster than the economists estimated. The currency also gained against the euro. The Swiss gross domestic…
The Chilean peso rose today as the outlook for the exports of the raw materials improved after the US and China reported about the better-than-expected growth of the manufacturing. The MSCI World Index of stocks climbed as much as 2.8 percent…
The Australian dollar strengthened today as the pace of Australia’s economic growth was fastest in three years and after the reports showed that the manufacturing in the US and China expanded faster than predicted. The Australian gross…
The Canadian dollar rebounded today as the improving risk appetite pushed the stocks and crude oil higher and increased the appeal of the currencies linked to the economic growth. The MSCI World Index rose as much as 2.6 percent.…
The South African rand rebounded today from the monthly low after the local manufacturing expanded for the first time in three months and as the economic data from Asia was better than expected. The South…
The US dollar fell today against the euro and the Japanese yen as the Chicago Business Barometer fell more than estimated and on the signs that the Federal Reserve won’t raise the interest rates. The Fed also…