The Chilean peso advanced today as consumer inflation accelerated more than analysts have expected. The data spurred speculations that the central bank may raise interest rates to slow growth of consumer…
Euro is higher right now, gaining across the board, even with the latest portugal concerns. Traders are looking for yield, and that is helping the euro right now. But there…
The Japanese yen demonstrated huge losses this week, dropping to multi-year lows (it fell to the lowest since 2008 against some currencies), as the Bank of Japan pursued aggressive quantitative easing. Some…
The US dollar dropped today, falling for the third straight session against the euro and the Great Britain pound, after non-farm payrolls showed very small growth. At the same time, the US currency jumped…
The Canadian dollar sank today as fundamental reports were very bad, even worse that forecasts, which were not optimistic. The currency managed to outperform the Japanese yen, which remained soft…
The New Zealand dollar traded sideways near the highest level since 2008 against the Japanese yen today after yesterday’s huge surge. The currency fell against its US peer as worse-than-expected…
The Malaysian ringgit gained today as Prime Minister Najib Razak dissolved the parliament and announced the national elections. Investors think that outflows from the country will reverse after the vote. It is…
The Norwegian krone weakened today as Norges Bank Governor Oeystein Olsen complained about the high exchange rate and said that the strong currency can prevent an interest rate hike. Olsen said…
The Canadian dollar rose against its US counterpart today even though forecasts for Canadian employment are not particularly good. The currency also surged versus the Japanese yen, reaching the highest…
The Thai baht went down today on speculations that policy makers will intervene to curb currency’s gains that may threaten the nation’s economy. Finance Minister Kittiratt Na-Ranong complained that…