The Swiss franc showed a vigor and rose against its major counterparts on the Forex market today, despite the yesterday intervention and the serious tone of the central bank. The franc rose slightly against the US dollar…
Posts published in August 2011
Yen Slumps on BoJ Intervention
The Japanese yen dropped heavily against everything on the Forex market today, following the currency intervention by the country’s central bank. The yen declined most notably against the US dollar, demonstrating the biggest daily…
The Australian currency continued its downward trend against the Forex majors today, as the retail sales report confirmed the negative outlook for the country’s economy. The Aussie is currently demonstrating its biggest losing…
Siwss Franc Retreats From Maximums
The Swiss franc fell from its record high levels against the other major currencies today, as the country’s central bank takes extreme measures against the franc’s appreciation. The Swiss currency retreated…
Canadian Dollar Falls Along with Other Commodity Currencies
The Canadian continued continued to fall against the majors today, along with the other “commodity” currencies, as the global growth perspectives remained dim. The loonie, as the currency is often called, fell to the lowest level…
Euro Weakens as Investors Shun European Bonds
The euro fell against its major counterparts on Forex today, as the investors preferred not buy the government bonds of the semi-troubled EZ countries. The Eurozone single currency slid to a new record low against…
Swiss Franc on Record Against Everything
The Swiss franc managed to rise against all other major currencies pair in Forex market today, as the debt-lifting measures in US threaten to weaken the global economy, pushing down the demand for “unsafe” currencies.…
Risk Rally Pushes NZD to Records vs. Dollar
The New Zealand dollar reached a new historical maximum against its North American counterpart and grew against some other world currencies today, as the US debt ceiling agreement spurred demand…