Posts published in September 2013

Week Ahead of Fed Meeting: Dollar Soft

This trading week was not good for the US dollar even as traders continued to speculate about possible quantitative easing tampering at the next week’s Federal Reserve policy meeting. The currency ended…

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Sweden Krona Falls with Shrinking GDP

The Sweden krona fell after the official data showed that the nation’s economy contracted last quarter, making investors less interested in Sweden assets. Statistic Sweden reported that gross domestic…

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Drop in Eurozone Employment Weighs on Euro

The latest economic news out of the eurozone has proved disappointing. For the second quarter, there has been a decline in employment, and that has many questioning the sustainability of the burgeoning economic recovery in the 17-nation currency…

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Peso Falls After Chilean Central Bank Meeting

The Chilean peso fell against the US dollar and the euro today after Chile’s central bank conducted a policy meeting and decided to leave its key interest rate unchanged. The Central Bank of Chile…

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