The euro gained today as the Eurozone Purchasing Managers’ Index rose in December, signaling that the European economy slowly recovers and the fears of the financial crisis may recede. The Markit Eurozone Manufacturing PMI in its…
The US dollar rose today against the Great Britain pound and the Japanese yen after the reports showed that the manufacturing expanded and the construction spending increased in the US. The currency fell versus the euro. The Institute…
The US dollar was weakening in 2010 amid the concerns about the US economy and as the quantitative easing damped the appeal of the currency. On the other hand, the dollar managed to rise somewhat recently. What the future holds…
The Polish zloty traded near the opening level today after the initial decline as the inflation climbed to the highest level in 11 months, according to the government’s estimates. Poland’s Finance Ministry estimated that the annual…
The Norwegian krone slumped at the start of today’s trading session, but was slowly rising after that on the anticipation for the Norwegian policy makers to shield the nation from the problems in other countries. The balanced Norwegian…