The Swedish krona gained after the reports showed that consumer confidence improved and unemployment grew slower than expected. The National Institute of Economic Research reported that the consumer confidence index rose…
The New Zealand dollar jumped today and remained strong after the nation’s central bank announced that the main interest rate remains unchanged. The decision was expected, but it was positive…
The Great Britain pound dropped today after the government report showed that the UK economy contracted in the second quarter of this year more than was estimated by analysts. Britain’s gross domestic…
Could more easing be on the way for the Japanese yen? There is that possibility, according to Japanese monetary policymakers. The move would weaken a yen that has been appreciating recently. For now,…
The South Korean won fell today as poor domestic fundamentals added to the negative impact of the European crisis on riskier currencies. Fears of slowdown also made the won weaker, yet the currency managed to rebound…
Euro is rallying today, heading higher against most major currencies as an official at the European Central Bank expressed the thought that a banking license might be a good idea for the eurozone bailout…
The Australian dollar was falling today, but erased its losses as inflation report showed that consumer prices rose faster than was anticipated, decreasing the probability of an interest rate cut.…
The Canadian dollar fell today for the third consecutive session versus the US dollar and the Japanese yen as worse-than-expected domestic data in Canada added to the downside pressure on the currency that is caused by signs of global…
The US dollar reached the highest level in two years against the euro and erased its previous losses versus the Great Britain pound today as concerns about the debt crisis in the European Union drove…
Euro is floundering today as concerns about what’s next continue to plague the 17-nation currency region. Once again, the 17-nation currency is below the 1.21 level against the US dollar, and it…