Posts published in February 2013

Yen Continues to Fall After G20 Meeting

The Japanese yen continued to fall today as Japan was not blamed for devaluing the currency at the Group of Seven and the Group of Twenty meetings last week. Japanese Prime Minister Shinzo Abe said: I’m…

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South Korean Won Follows Yen in Decline

The South Korean won declined today on speculation that the government will push the currency down after the rally, following the example of Japan. There were talks ahead of the Group of Twenty meeting that…

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Yen Falls as G20 Meeting Starts

The Japanese yen slipped today against other major currencies amid rumors that Japan will not be blamed for currency manipulation on the Group of Twenty meeting. The two-day G20 meeting of finance…

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Swedish Exporters Complain About Strenght of Krona

The Swedish krona fell today as exporters, who are already strained by the financial problems of the European Union, complained about the strength of the currency. Exporting companies said that the strong exchange rate diminish…

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Canadian Economic Concerns Sends Loonie Lower

Once again, the economy is back in the spotlight for Canada. Worries about the Canadian economy have been increasing recently, and the latest manufacturing sales data isn’t helping matters. With the latest plunge,…

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Olsen Speaks About Interest Rate Cut, Krone Down

The Norwegian krone fell today as the head of the central bank indicated that he may ease monetary policy as a measure to bring inflation, which was slowing due to the currency’s strength, closer to the bank’s…

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