Posts published in March 2011

The Australian dollar was little changed today, but earlier at this trading session it, guess what, reached the new record versus the US dollar. The Australian currency shows no sign…

The South African rand gained today, rising for the third straight day against the US dollar, as commodities rallied and market participants expect an increase of the interest rates. Gold and platinum, which makes up…

The euro went up today after the report showed that the inflation in the Eurozone unexpectedly accelerated in March, increasing the bets that the European Central Bank will raise the interest rates in April. The consumer…

The Australian dollar posted yet another all-time record versus its US counterpart before retreating. The gains was spurred the growing retail sales, but the unexpected drop of building approvals restrained…

The Japanese yen weakened today, falling to the lowest level in almost three week, as the economic growth in the US and across rest of the world makes higher-yielding assets more preferable for investors than safer ones.…

The South Korean won rose today to highest level in almost seven weeks as the inflows of foreign funds help the economy of South Korea, making the nation’s assets more attractive. The Bank of Korea reported…

The Great Britain pound climbed today versus the Japanese yen after the reports today showed that Britain’s retail sales and services industries improved, renewing the talks about the possible interest rates…

The Australian dollar decided that its rally doesn’t need to stop and continued its ascent, posting the new record high versus the US dollar. The reason for the rally of the Aussie is the same as for other…

The New Zealand dollar advanced today after the nation’s traded balance posted a surplus for the first time in eight months as commodity prices continue to advance. The New Zealand trade balance posted the surplus…

The South Korean won rose today on the forecast that the influence of the global economic recovery will outweigh the negative impact of the earthquake and the radiation leak in Japan. The Kospi stock index gained 0.8 percent,…