Posts published in April 2011

US Dollar — Loser of the Month

The US dollar showed a monthly decline against all of its major counterparts on the Forex market in April, confirming its long-term downward trend even against the currencies closely connected with the US…

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Swiss Franc at New Record High Against Dollar

Prompted by the positive macroeconomic news, the Swiss franc managed to rise to a new record high against the US dollar and to grow against other major currencies today. The Swiss currency benefited from today’s…

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Russian Ruble Appreciates Despite Central Bank Intervention

The Russian continued to rise against the US dollar and stabilized against the euro today, following the exceptional intervention measures conducted by the central bank. Bank Rosii (the country’s central bank) released Russia’s International…

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AUD Jumps to New Record Maximum vs. USD

The Australian dollar continued its 3-day race against its US counterpart today, following the dovish FOMC statement and in expectance of the interest rate hike in Australia. The Aussie rose against the greenback by about…

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