The Great Britain pound slipped today against the US dollar as the reports today showed that the retail sales decreased and the house prices dropped in Britain. The sterling advanced versus the Japanese yen and the euro.…
The concerns about the global economic recovery, caused by the surging oil prices and the conflicts in North Africa and Middle East, weakened the Asian currencies, including the Malaysian ringgit. The concern about impact of the uprising in Libya…
The euro extended its decline versus the US dollar for the second day today as the spread between the bonds of the indebted nations and the German bunds widened on the speculation that the European debt problems may worsen.…
The Australian dollar weakened as the surge of the oil prices on concern about the Libyan revolt caused the decline of stocks and commodities and reduced risk appetite. The clashes between the protester and the forces loyal to Libya’s leader Muammar…
The Japanese yen strengthened today as stocks declined and commodities retreated, increasing demand for the currency as a safe haven. The Standard & Poorâs 500 Index declined 0.7 percent, while the Reuters/Jefferies CRB Index…
The New Zealand dollar reached today the lowest level since 1992 against its Australian counterpart as the stocks declined and New Zealand Prime Minister upheld his previous opinion about the necessity…
The euro rebounded after it previously declined today versus the US dollar as Moodyâs Investors Service downgraded Greece’s government debt, refueling the concern about Europe’s sovereign debt. Moodyâs downgraded…
The euro advanced this week despite risk aversion sentiment, caused by the unrest in Middle East, as the European Central Bank signaled that an increase of the interest rates isn’t out of question. ECB President…
The Swiss franc gained as the unrest in Middle East and the surging oil prices increased appeal of safer assets, including Switzerland’s currency. The rebels in Libya advanced towards Ras Lanuf, the oil port town…
The positive reports about the employment in the US weren’t been able to boost the dollar strong enough to help it to appreciate against other currencies. The good US economic data slowed the rally of the euro,…