Posts published in December 2014

Euro Falls Across the Board Ahead of ECB

Speculation is running high that the ECB will announce more easing actions after its policy meeting tomorrow. As a result of poor economic data, the euro is at its weakest in more…

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Ruble Drops to Record Low as Russian Economy Suffers

The Russian ruble fell today, touching the record low level versus the US dollar, as Russia’s economy suffers from the impact of sanctions and declining oil prices. The United States and the European Union imposed…

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NZ Dollar Weakens for Second Day

The New Zealand dollar weakened today, falling for the second session against the US dollar and the Japanese yen. The kiwi was moving sideways against the greenback for the past three months. Against the yen the New…

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AUD Drops to Lowest Since 2010 vs. USD

The Australian dollar fell today, reaching the lowest rate since July 2010 against its US counterpart. The currency dropped as Australia’s economic growth slowed, missing analysts’ projections. The Australian Bureau…

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Pound Drops vs. Dollar, Holds Ground vs. Other Peers

The Great Britain pound fell against the US dollar yesterday and maintained losses today. The sterling’s performance against other currencies, including the euro and the Japanese yen, was far better. British Retail…

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