The euro jumped today for the fourth day, reaching the highest level in three weeks against the US dollar, on the speculation that positive changes in Greece’s situation will allow the European Central Bank to raise…
The Chinese yuan posted the sixth straight quarterly gain on the speculation that China will allow the currency to appreciate faster in order to slow growth of consumer prices. The Peopleâs Bank of China increased the reference…
The New Zealand dollar touched the all-time high against the US dollar today after the reports showed that the building approval advanced last month and the business confidence improved in June. The seasonally adjusted…
The Canadian dollar posted a big jump against most of its major counterparts today as the nation’s inflation accelerated much more than was forecast and commodities, including crude oil, advanced. The Canadian…
The US dollar fell after the Greek lawmakers supported the proposition of Prime Minister George Papandreou about budget cuts and asset sales, reducing nervousness on markets and erasing attractiveness of the US currency as a safe…
The South Korean won climbed today as outlook for higher consumer prices growth compared to the previous estimates increased appeal of the nation’s assets. According to the statement of the presidential office, the growth of the consumer-price inflation will…
The euro extended its rally today for the third day on the speculation that the European Central Bank will boost its interest rates even amid the debt crisis in the Eurozone. ECB President Jean-Claude…
The Canadian dollar advanced for the second day before the start of the current trading session as the rally of the global stocks and commodities bolstered growth-related currencies. Currently markets are driven by hopes for positive outcome of the austerity…
The Swiss franc jumped today, reaching new all-time record against the US dollar, as the Swiss consumer demand improved last month. The optimism for Greece allowed the euro to outperform the Swiss currency, though.…
The Asian currencies, including the Malaysian ringgit, rallied today on hopes that debtors will extend maturities of the nation’s debt and the Greek austerity vote will pass. Greece’s Prime Minister George Papandreou…