The Canadian dollar fell today against its US peer and the Japanese yen as risk appetite came off the markets and crude oil, as well as other commodities, declined. The currency gained on the euro. April…
The Brazilian real dropped as worries about the global growth reduced chances that the nation’s central bank will perform an interest rate hike. Analysts estimated that the Brazilian economy grew just…
The US dollar index reached a three-month high during the session today, thanks in large part to risk aversion. However, the latest minutes from the recent Federal Reserve meeting are also helping…
The Australian dollar fell against the Japanese yen and touched the lowest level since October versus the US dollar today as Asian stocks declined. The Aussie rebounded versus the greenback but stayed weak…
Euro is heading lower today, dropping on worries that the eurozone recession might not be coming to an end. Thanks to the latest manufacturing survey, concerns about the economic state of the 17-nation currency…
The Great Britain pound dropped after yesterday’s release of the Bank of England’s minutes and extended the decline today. The minutes suggested that some policy makers want more monetary stimulus. Governor Mervyn…
Canadian dollar is at its lowest level in nearly seven months against the US dollar as economic concerns continue to weigh. Oil prices are fluctuating and it looks as though retail sales…
US dollar is gaining ground today as a mixture of economic data and risk aversion send Forex traders toward the the greenback. Concerns about what will happen if Silvio Berlusconi in Italy,…
The Chinese central bank set the reference rate for the yuan higher today, leading to gains of the currency. The bank allowed the currency to gain on optimistic outlook for the global economy. The Peopleâs Bank of China increased the daily…
The New Zealand dollar dipped today as the central bank’s Governor hinted that he is ready to intervene and prevent excessive gains of the currency. Reserve Bank of New Zealand Governor Graeme Wheeler…