The Indian rupee gained today, following yesterday’s drop to the all-time low, as the nation’s central bank stepped in, announcing measures to curb the volatility on the foreign-exchange market. The Reserve Bank of India announced that…
The Australian dollar advanced today as the good news from Europe and the positive macroeconomic data from the United States helped to brighten mood of traders, who felt tired from the constant stream of bad…
Canada’s dollar continued to rise today, following yesterday’s advance, on the signs that the economy of the United States is improving, while the economy of Canada itself also shows signs of recovery. The unemployment claims…
Japanese yen is stronger against the US dollar today. In general, dollar is down against most other currencies as optimism improves on the news that jobless claims have dropped to significantly…
US Dollar is falling back as Forex traders find some optimism in today’s good economic news. Jobless claims have fallen to lows not see for more than three years,…
The euro ended its three-day drop against the US dollar and the Japanese yen as the outcome of Spain’s debt auction was much better than anticipated, relieving concerns about the European sovereign-debt crisis…
The Swiss franc climbed today after Philipp Hildebrand, Chairman of the Governing Board of the Swiss National Bank, announced that the central bank would keep the ceiling at 1.20 francs per euro and leave…
The Brazilian real weakened today, following other riskier currencies in decline, on the signs that Brazil’s economy felt the negative impact of the European sovereign-debt troubles on the global economic recovery. The seasonally adjusted index…
The Canadian dollar continued to fall as the concerns for Europe continued to intensify. The indecisiveness of the European governments makes investors ask whether the politicians have ability and willingness to address the region’s issues or they would allow…
The Norwegian krone is lower on the Forex market today, thanks in large part to a rate cut. Norges Bank cut interest rates for the first time since 2009, and the move is an indication that…