The Japanese is currently dropping against its major Forex counterparts, as the market professionals expect that the country’s central bank will have to lower its economic growth forecast and leave the monetary…
The US dollar was performing terribly this week against both commodity and safe currencies among signs of economic growth and on speculation that the Federal Reserve will lag with an increase of the interest…
The Great Britain pound advanced after the report showed that the retail sales in Britain unexpectedly rose last month, refueling talks about possible increase of the interest rates by the central bank. The UK…
The US dollar declined today as the macroeconomic reports showed that the economy of the US improved with slower pace than was anticipated. The Manufacturing Index of the Philadelphia Fed tumbled from 43.4 in March…
The South African rand climbed today as gold continue to post new records and on speculation that the central bank will increase the interest rates. Gold rose 0.6 percent to $1,509, posting the seventh…
The Swiss franc jumped to the record versus the US dollar after the macroeconomic data suggested that the economic growth in the US slowed. The Federal Reserve Bank of Philadelphia index of the manufacturing conditions slumped from…
The Australian dollar surged after the report showed that that the export and import prices rose in the first quarter of 2011, signaling that the economic recovery gains momentum. The Australian export prices surged…
The Great Britain pound weakened today against the euro as investors reduced their bets on an interest rates hike after the release of the policy meeting minutes by the Bank of England. The currency gained versus the US…
The Swedish krona jumped to the highest level in more than two and a half years after the central bank raised the interest rates to slow the inflation. The Riksbank, the Swedish central bank, increased its target…
The South African rand climbed today on the speculation that the accelerating inflation will prompt the nation’s central bank to increase the borrowing costs. Reserve Bank Deputy Governor Daniel Mminele said that…