The Canadian dollar gained today after the report showed that the inflation growth was stronger than anticipated, renewing talks about possible interest rates hike on the next meeting of the central bank…
The euro posted the unexpectedly strong gains today despite speculations about possible default of Greece and spreading of the sovereign-debt crisis continue to plague markets. The reason for such surprising performance was anticipation of another…
This week has started with market sentiment turning to risk aversion mood and such sentiment may remain for the rest of the week. This can be both positive and negative for the US currency.…
The same problems of the US and Europe’s economies that spurred demand for safety caused the Australian dollar to drop today for the second day. Currently demand for safer assets prevails on markets, reducing appeal of currencies…
The Japanese yen rose today after Standard & Poor’s said yesterday that the US top credit rating isn’t certain and as concerns about the debt of the European countries drove investors to the safety…
Worries about the European debt crisis and the prospect of US credit rating’s downgrade increased demand for safe currencies today. As a result, the Swiss franc advanced versus the euro, but demand for safety benefited…
The US dollar gained today after Standard & Poorâs reduced the US credit rating to negative, spurring demand for the currency as a safe haven. The yen still looks more attractive as a safe currency…
The Malaysian ringgit weakened today as concerns about Europe’s debt crisis and China’s tightening measures draw traders away from riskier currencies. China’s central bank announced that it’s increasing…
The New Zealand posted today the biggest decline in more than four weeks after the report showed that the nation’s inflation slowed, signaling that the economic recovery loses momentum. The New Zealand…
The Australian currency fell against the Japanese yen over the week on concerns about Europe’s debt problems and China’s possible austerity measures. The Aussie managed to erase losses versus the euro and the US currency…