The Australian dollar weakened today after the minutes of the Reserve Bank of Australia monetary policy meeting indicated that there’ll be no increase of the interest rates in the near future. The minutes explained the difficulties…
The Canadian dollar advanced versus the US dollar on the good outlook for today’s Canadian macroeconomic reports, while fell against the euro as promises of resolution of the Greek crisis bolstered Europe’s shared currency. Analysts…
The US dollar weakened on today’s trading session as analysts say that this week’s reports will show weakness of the US housing market. The unfavorable fundamentals will likely prompt the Federal Reserve…
The South African rand dropped today as the disagreement of the European Union leaders about the bailout for Greece reduced appeal of riskier currencies, but erased most of its losses after the European politician assured…
The Swiss franc advanced today as the European Union leaders considered withholding half of the â¬12 billion portion of the Greek aid, increasing demand for safety of the Swiss currency. This measure was intended to encourage…
The situation with Greece’s debt was hurting the euro during this week, but by the end of the week traders glimpsed a light in the end of the tunnel. New hopes for Greece emerged and that helped the European…
The euro climbed against the US dollar as the report showed that confidence of the US consumers dropped this month and on hopes that Europe will find solution to its problems. The Reuters/University of Michigan Consumer…
The concerns about slowdown of the US economy eased after the set of good macroeconomic reports was released yesterday and that helped the New Zealand dollar to regain its footing. Today’s reports from…
The South Korean won climbed today as the drop of unemployment claims in the US boosted demand for riskier assets, including Korea’ currency. The US jobless claims went down to 414,000 in the week ending June…
The Australian dollar weakened as the unending troubles in Europe drove stocks and commodities to the downside, reducing appeal of currencies linked to economic growth. The Standard & Poorâs 500 Index dropped 0.4 percent. The MSCI…