The Great Britain pound lost most of its gains versus the US dollar today as the report showed an unexpected decline of the industrial output in February. The UK industrial production decreased by 1.2 percent in February,…
The euro reached the highest level in more than a year today against the US dollar on the speculation that the European Central Bank not only will raise its benchmark interest rate tomorrow,…
The US dollar surged against the Japanese yen after the minutes of the Federal Open Market Committee showed that some policy makers considered removing of stimulus. The dollar fell versus the euro and the yen…
The Australian dollar fell yesterday against the US dollar and the euro as the Reserve Bank of Australia kept its benchmark interest rate unchanged and the trade balance posted an unexpected deficit. The Aussie currently recovered…
The South Korean won ended its five-day rally, falling today, on concerns that the government will intervene to slow the appreciation of the currency. The won also weakened on the speculation that demand for the dollar will…
The Great Britain pound jumped today after the report showed that Britain’s service industry unexpectedly grew in March, supporting the outlook for higher interest rates. The Markit/CIPS Business Activity Index was…
The Japanese yen went down today as the reports today are expected to show that the US services industry grew and the European retail sales increased. The report of Eurostat is expected to show that…
The Australian dollar touched the record price in 11 months versus the Japanese yen today as stocks rallied, but retreated on the forecast that the central bank will leave the interest rates unchanged. The MSCI…
The Great Britain pound gained today after the report showed that the construction in the UK expanded in March faster than was predicted by analysts. The seasonally adjusted Markit/CIPS Construction Purchasing Managersâ Index…
The euro pared its five-day gains versus the US dollar as the anticipated interest rates increase can cripple the most indebted nations of the Eurozone. Analysts predict that the European Central Bank will…