The Great Britain pound slipped versus the US dollar as investors shunned European assets after private holders of Greek debt suffered losses on Greece’s bonds. The currency was still up against…
Japanese yen remains mostly weaker against other currencies today. Japan’s government continues to pressure the Bank of Japan to do what it can to encourage an economic recovery. However, with the yen…
US dollar is rising today, gaining as improved economic data provides support. With the latest non-farm payrolls report, it appears that the economy is recovering sufficiently that the Federal…
The Swiss franc jumped today against the US dollar and the Japanese yen as positive market sentiment diminished attractiveness of the currencies of Japan and the United States. Sometimes, the Swiss franc tends to behave more like…
The Canadian dollar advanced today versus the US dollar and the Japanese yen, rising for the second day, after the Canada’s central bank maintained its overnight rate at the previous level. The currency was down…
The European Central Bank announced that it will keep its benchmark interest rate at 1% today. On top of that, the ECB unexpectedly announced that it is raising the inflation projection…
The UK pound is rising against the US dollar, enjoying gains not seen for more than a week. The latest interest rate decision by the Bank of England is to keep it the same. Additionally,…
The New Zealand dollar jumped today, rising for a second day, after the New Zealand central bank kept its main interest rate unchanged yesterday and signaled that it may leave…
The South Korean won rose today after Korea’s central bank kept its main interest rate unchanged as the negative impact of the eurozone crisis was balanced by rising fuel prices that…
The Norwegian krone continued to rally today, following yesterday’s gains, on the speculation that the nation’s central bank will end its interest rate cuts as the Norwegian economy demonstrates positive developments. Norway’s…