The Norway krone fell today as Norway’s central bank and government were concerned about an impact of the strong currency on the nation’s economy. The currency has reached the eight-year record in September, prompting the Norges Bank…
The Japanese yen slumped to the lowest level since November against the US dollar and also fell against some other majors after the Bank of Japan unexpectedly increased its asset purchase program.…
Canadian dollar dropped earlier in trading as the news about US retail data caused a general pull back for riskier currencies. Since the United States is a major trading partner, the news about…
A bit of uncertainty has appeared in the financial markets, and that is helping the US dollar gain today against other currencies. Even though the spread between the three-month dollar Libor and overnight index…
The Great Britain pound fell against the US dollar, though held versus the Japanese yen, after inflation slowed last month and Moody’s said that the nation’s credit rating is in danger…
The euro rebounded today after Italy sold maximum amount of its bonds on todayâs auction, easing worries about the credit crisis in the European Union that reemerged after Moody’s cut credit…
The Japanese yen gained today after Moody’s Investor Service downgraded credit ratings of several countries, including Italy, Spain and Portugal. This action hurt market sentiment that was positive…
UK pound is gaining against the US dollar and the Japanese yen today as an economic forecast expects growth to pick up in 2012. The Confederation of British Industry believes that Great Britain will…
US dollar is lower as the Greek parliament votes to accept austerity measures requested by Eurogroup leaders as a condition for receiving bailout funds. US dollar weakness is a product of renewed optimism in Forex…
The Australian dollar gained today after a report showed that the number of home loans in Australia last month rose more than was predicted, while positive news from Greece also…