The euro went down after the European Central Bank kept its benchmark rates unchanged, while reports showed that France’s and Germany’s trade balance deteriorated. The currency regained some of its…
The Australian dollar weakened today as the government report showed that Australian employers added fewer jobs than was predicted by analysts. The number of employed persons in Australia grew by 7,800 in May from…
The Reserve Bank of New Zealand kept the main interest rate unchanged today, but signaled that it may be raised rather soon, boosting the New Zealand dollar. The RBNZ left…
The Japanese yen rose today as the concern that the sovereign-debt crisis in Europe will worsen bolstered attractiveness of Japan’s currency as a safe haven. The International Monetary Fund lent â¬26 billion euro, but…
The Great Britain pound weakened today after the report showed that the growth of the UK shop prices slowed and retail sales decreased in May. British Retail Consortium reported that the retail sales…
The Australian dollar dropped today on the mounting concerns about the slowdown of the global economic recovery, caused by the debt crisis in European and the unfavorable economic data from the US. The International Monetary Fund said that…
The US dollar weakened after Federal Reserve Chairman Ben S. Bernanke suggested that the Fed should maintain stimulus as “US economic growth so far this year looks to have…
The Great Britain pound went up today as the European Central Bank supported plan for rollover of the Greek bonds and after the report showed that the UK house prices increased in May. The Halifax house…
The South Korean won fell today on the speculation that the slowdown of the US economy will deter investors from higher-yielding assets. Last week the US non-farm payrolls, which grew in May with…
The Australian dollar erased yesterday’s gains today after the Reserve Bank of Australia left its benchmark interest rate unchanged and signaled that it’s content with the current level of borrowing costs.…