The Swedish krona fell as the report showed that manufacturing in Sweden contracted last month, reinforcing outlook that the nation’s central bank would cut interest rates. The Swedbank manufacturing index fell…
The US dollar advanced today as the unexpected growth of US manufacturing spurred speculation the Federal Reserve won’t be required to stimulate the economy, debasing the US currency. The Institute for Supply Management Purchasing Managers’…
The Australian dollar advanced today versus the euro and the Japanese yen after the report showed retail sales grew in July more than predicted. Australian retail sales rose 0.5 percent in July,…
The Swiss franc gained today for the second day, snapping yesterday its three-day downfall versus the US dollar and the euro, as the Swiss National Bank hasn’t announced new measures to curb franc’s strength.…