The Asian currencies, including the Malaysian ringgit, weakened today as concerns for the global economic growth caused investors to shun risk and decreased appeal of the region’s assets. The government report showed today that Malaysiaâs…
The Swiss franc gained this week as concerns about the European indebted nations and the abysmal report about the US employment spurred investors to seek safety of the Swiss currency. The last week was negative…
The Australian dollar fell against its US counterpart and the Japanese yen after the report about the US employment showed a very depressing result, reducing attractiveness of higher-yielding currencies. The depressing US payrolls…
The US dollar weakened today against most major currencies after the government report showed that growth the US non-farm payrolls was much lower than predicted and the unemployment rate unexpectedly…
The Thai baht rose today, together with other Asian currencies, on the speculation that the growing economy and increasing interest rates will draw inflows of foreign funds in the nation’s economy. Pheu Thai…
The Great Britain pound rallied today against the US dollar as the data from the UK producers was positive, improving outlook for Britain’s economy and currency. The output Producer Price Index rose 0.1…
The Canadian dollar jumped on the positive report about the employment in the US and on the optimistic outlook for other employment reports from the US and Canada. The positive report from Automatic Data Processing Inc. about the US…
The Swiss franc weakened today as the reports show that the employment in the US improved much more than predicted, reducing demand for the currency as a safe haven. The US employers added 157,000 jobs in June,…
The Great Britain pound fell today against most major currencies after the nation’s central bank kept its key interest rate and the asset purchase program unchanged. The currency managed to advance…
The euro erased its losses versus the Japanese yen, but fell against the US dollar today even after the European Central Bank raised its main interest rate. The ECB boosted…