The South Korean won slid today as global equities declined on concerns that China’s economic slowdown sapped demand from riskier assets of emerging economies. Nowadays, one of the major themes in news…
The euro advanced today, reaching the highest price in more than four months against the Japanese yen, after Greece won parliamentary approval for another bailout and on anticipation of positive macroeconomic data. Acting…
The New Zealand dollar slipped as milk prices declined to the low last seen more than five months ago. The currency also weakened as concerns about slowdown of China’s economy turned investors’…
The US dollar gained today as signs of an economic slowdown in China damped risk appetite of investors and made them to return to the safety of the US currency that is supported by the positive outlook for the nation’s economy.…
The South African rand fell today for the first time after three sessions of gains on concerns that the economic slowdown in China will diminish demand for commodities, reducing attractiveness of South Africa’s commodity-linked…
Euro is dropping today, losing ground as risk aversion sets in on the latest evidence that China’s economy might be slowing. After seeing four days of gains against the US dollar,…
Risk aversion is dominating markets right now, but that isn’t keeping the yen from heading lower today. Instead of getting a boost as a safe haven currency, the Japanese yen remains…
The Malaysian ringgit fell today, followed by other Asian currencies, on concerns that rising energy prices may deter economic growth in the region and, as a result, decrease capital inflow from foreign…
The US dollar extended its losses against most major currencies, including the euro, the Great Britain pound and the Swiss franc, for the third day as positive mood of Forex traders made them prefer…
The Canadian dollar gained today as global stocks rallied and positive macroeconomic fundamentals in the United States boosted risk appetite and increased appeal of Canada’s currency. The Standard & Poorâs 500 Index of stocks…