The Great Britain pound declined today after it jumped yesterday as unexpected rise of the house prices and the record manufacturing PMI lead to the speculation the central bank will increase the interest rates. The Nationwide…
Posts published in March 2011
The New Zealand dollar weakened after Prime Minister John Key said that the interest rates should be reduced. The currency also fell as the tensions in Libya intensified. Investors, interested in so-called…
The Australian dollar dropped today as the policy makers of Australia’s central bank maintained the main interest rates unchanged on today’s meeting. The Reserve Bank of Australia decided today to leave the cash rate unchanged…
Swedish Krona Gains as Economic Growth Exceeds Forecasts
The Swedish krona strengthened today, rising to the highest level in two and a half years versus the US dollar, after the report showed that Sweden’s economic growth beat forecasts. The Swedish gross domestic…
Inflation Pressure Makes Euro Stronger
The euro advanced on the speculation that the accelerating inflation will make the European Central Bank to raise the interest rates before the Federal Reserve. The Eurozone annual inflation rose to 2.3 percent in January from…