The rally of commodities, including crude oil that jumped above $113 per barrel price, allowed the Canadian dollar to advance against its US counterpart and to post weekly gains for the third consecutive…
The US dollar went down today as the US policy maker weren’t been able to reach an agreement about the budget and as the rally of raw materials damped demand for the US currency as a safe asset. The US…
The Great Britain pound advanced, rising to the highest level in almost three months against the US dollar, as the report today showed that the UK producer prices index climbed in March. Both input…
The South African rand reached the highest level in more than three months against the US dollar today as central said that restraining the capital inflows to weaken the currency “would not be…
The Japanese yen rose today on the speculation that demand from investors will shift to safe currencies from higher-yielding ones after Japan was hit by another earthquake. Today Japan experienced…
The euro fell today as the news that Portugal will seek a bailout overshadowed the expected increase of the interest rates by the European Central Bank. ECB President Jean-Claude Trichet was giving hints about…
The Great Britain pound slipped today after the Bank of England decided to keep the interest rates and the assets-purchase program unchanged. Britain’s central bank held its official Bank Rate unchanged at 0.5…
The Australian dollar hit yet another record against the US currency today as the report about the employment in Australia was better than anticipated. According to the Australian Bureau of Statistics, Australian employers added…
The Swiss franc jumped against 14 of 16 most-traded currencies after the report showed that the rate of inflation growth in Switzerland unexpectedly increased in March. The Federal Statistical Office reported the consumer prices…
The Canadian dollar climbed to the highest level in more than three years against its US counterpart as the recovery of the global economy gains momentum and the rally of raw materials increases demand for growth-related currencies.…