Posts published in July 2015

Aussie Sinks to Lowest Since 2009

The Australian dollar sank today, reaching the weakest rate since May 2009 against its US counterpart. The drop followed disappointing Australian retail sales and bad news from China —…

Read More

Swedish Krona Bounces After Thursday’ s Drop

The Swedish krona bounced today following yesterday’s drop by 1 percent. The decline followed the surprise decision of the nation’s central bank to cut its repo rate even deeper into negative territory.…

Read More

Euro Rises After Two Sessions of Decline

The euro rose a little today against its major counterparts following two sessions of losses. Traders wait for the Greek referendum during the weekend that may decide the fate of the country and its place…

Read More