Posts published in September 2013

Sterling Jumps with Retail Sales

The Great Britain pound climbed today as retail sales unexpectedly jumped this month, extending the unending stream of positive macroeconomic data from the United Kingdom. The Confederation of British Industry high-street sales…

Read More

South Korean Won Falls on Intervention Concerns

The South Korean won weakened today on concerns that the nation’s central bank will intervene to rein the currency’s rally that may hurt the South Korean economy. Bank of Korea Governor Kim…

Read More

NZ Dollar Drops as Trade Deficit Swells

The New Zealand dollar dropped today after the trade balance deficit unexpectedly swelled last month, decreasing chances for an interest rate hike from the central bank. The trade deficit widened to NZ$1.2…

Read More