The US dollar rallied this week and ended the month with gains against the majority of its most-traded peers as speculations about potential quantitative easing tampering in September continued to push the currency up.…
The Canadian dollar rose against the euro and ended the last trading day of this week almost flat versus the US dollar and the Japanese yen even though Canadian economy shrank more than…
The Great Britain ended the month with the biggest gain against the euro in a year as the sterling continued to rise on improving consumer sentiment and increasing house prices. The UK currency ended Friday flat versus…
US dollar is heading higher today, gaining as better than expected economic data supports the greenback. Commodities are lower today, and a gold price below $1,400 an ounce is also…
Pessimism is strong today, and the euro is heading lower as a result. Even a drop in the number of people claiming unemployment in July isn’t helping the euro. The 17-nation currency remains lower as uncertainty prevails,…
The New Zealand dollar was able to stay flat today even as domestic fundamentals were detrimental to the currency. The general market sentiment was not helpful either. Seasonally adjusted building permits…
The Norwegian krone fell today as a set of negative reports was released today by Statistics Norway, making the nation’s currency less attractive to traders who prefer to avoid risky assets due to the poor…
The Canadian dollar remained soft today against its US counterpart after yesterday’s losses on concerns that today’s report will show that the nation’s economy shrank last quarter. Analysts…
The US dollar jumped as signs of economic growth in the United States fueled speculations about possible quantitative easing tampering by the Federal Reserve in September. US economic growth accelerated from 1.1 percent…
The Indonesian rupiah advanced today as the nation’s central bank made a surprise move, raising the main interest rate. The Indonesian central bank joined central banks of other emerging economies in an effort to support…