The dollar fell to the lowest level against the euro since early January as the S&P credit rating agency revised U.K. rating outlook and traders are afraid that the U.S. will be next. The euro rose…
Posts published in “News”
NZD Gains for 4th Day Against U.S. Dollar
The New Zealand dollar rose for the fourth straight day against its U.S. counterpart and advanced for the second day versus the Australian dollar today,…
Ruble Strengthens to New 2-Month High
The Russian ruble rose to its new maximum since January 14 against the U.S. dollar today as the current oil prices still suggest that the December-January devaluation was too strong. The ruble also…
Canadian Dollar Gains on Stocks and Oil Growth
The Canadian dollar advanced against both U.S. dollar and the euro for a second day today as the stock markets surged globally, while the oil price advanced close to $60 per barrel. The loonie, as the Canadian currency…
Yen Falls After Vice Finance Minister’s Comment
The Japanese yen declined against its major counterparts today after the Japanese Vice Finance Minister said that the currency rate volatility is hurting the countrys economy. Kazuyuki…
Euro Down as German GDP Falls More than Expected
The Eurozone single currency declined against all other major currencies today after the news went out that the economy of Germany contracted at a fastest pace in decades last…
The Indian rupee declined against the U.S. dollar today showing the second bearish day as the countrys parliament elections arent easily predictable about the actual winner that will…
BoE Report on Inflation Spurrs Yen’s Growth
The Japanese yen began to grow today, after a not very good Asian trading session, when the market participants began to react on the British central banks report on inflation and to favor the secure assets and currencies.…
After the European Central Bank policy makers affirmation that rates will be maintained on hold, the euro reached a 7-week high against the dollar. The euro reached a 2-month…
The euro fell for the first time since May 7 against the U.S. dollar, while the Japanese yen rose against all other major currencies, as the European…