After a bearish previous week, the loonie reached a 6-month high against the dollar as national employers added jobs and optimistic data from the U.S. indicate that the recession may be easing. During this…
The Russian currency and stock market posted a week of gains as the price of oil rose, pushed by rising demand in Asia, the MICEX Index is at its highest level since October.…
The dollar has posted its third week of losses against the euro, mainly due improved world financial conditions, shrinking demand for refuge currencies. A report to be released in the…
The euro had a slight rise against the dollar after the European Central Bank cut its benchmark interest rate to 1 percent, a record low for the European economic…
The Aussie rose against the yen after a regional jobs report in Australia showed an increase in employment conditions and data. The yen had a day of losses against the main…
The loonie weakened for the first time in six days as the crude oil price fell, making Canadas currency to drop from a 6-month high. The Canadian currency has been…
The yen and the dollar rose against the euro after U.S. regulators affirmed that the Bank of America Corp. will need more than $30 billion in new capital,…
The Brazilian currency has been rallying against the dollar since risk appetite has increased last week on global markets, a rise in commodity prices and the domestic stock…
After consecutive days rallying against the dollar and the yen, the euro fell on speculations that the European Central Bank will cut its interest rates to stop…
The South Korean currency has been favored since the beginning of the year by both domestic and international signs of improved economic conditions. The South Korean stocks rallied…