Japanese yen is back in demand as a safe haven as concerns about what’s happening in Europe weigh on high beta currencies. Once again, equities around the world are dropping as investors worry…
The Israeli new shekel weakened a little today against the US dollar. Earlier, the currency gained on hopes that central banks would spur economic growth, while the central bank of Israel itself…
The Australian dollar fell after global stocks declined and the report showed that China’s manufacturing slowed, causing concerns that demand for country’s exports would wane. The currency suffered from the resulting…
US dollar is weakening today as the Federal Reserve stands ready to implement more stimulus if it feels the economic situation warrants it. Even though some of the greenback’s earlier losses…
The Turkish lira fluctuated today as bond yields fell and on speculations that the nation’s central bank would follow other central banks in easing its monetary policy. The slowing global economy makes…
Euro is higher today, even though there has been further economic contraction in the eurozone. The fact that the eurozone appears to be moving toward recession isn’t holding the euro back…
The Russian ruble advanced today as speculations that central banks of China and the United States would ease their monetary policies spurred price for crude oil, the main export of Russia. The Federal Reserve…
The New Zealand dollar advanced today, rising for the fourth straight session versus its US counterpart, as the Federal Reserve hinted that the third round of quantitative easing is still possible. Investors…
The Canadian dollar strengthened today against the US dollar and the Japanese yen, reversing its yesterday’s decline. The Canadian currency remained steady versus the euro, keeping its yesterday’s losses, but not…
The South African rand fell today after the data showed that consumer inflation slowed last month, triggering speculations that the nation’s central bank would cut its interest rates…