The Great Britain pound slid today after the report showed that the UK manufacturing PMI unexpectedly dropped, reducing the probability of an increase of the interest rates this week. Britain’s manufacturing PMI fell…
The Japanese yen gained today as fears that the death of Osama bin Laden will cause revenge from Al-Qaeda spurred demand from investors for the currency as a safe haven. The MSCI Asia Pacific…
Concerns that today’s election will lead to weakening the ruling Conservative party undermined the Canadian dollar. The decline of crude oil, main Canada’s export, drove the currency further down. Prime Minister…
The Australian and New Zealand currencies were rising on today’s trading session, but dropped sharply after the report about the death of Osama bin Laden. US President Barack Obama said that…
The US dollar extended its fall today as the global economy continues to show robust recovery and on speculations that the Federal Reserve will lag behind other central banks in increasing interest rates.…