The euro rose against the U.S. dollar and the Japanese yen as the expanding Asian economies suggested that the global economic recovery wouldn’t be slowed by the troubles in Europe, boosting the stocks and easing the volatility on the global…
The New Zealand dollar rose today after the central bank increased the interest rates, hinting that it’s more concerned with the inflation that with the appreciation of the nation currency. The Reserve Bank…
The Mexican peso gained today for a third straight day against the U.S. dollar as the crude oil prices rose and on the expectation that the central bank won’t rise the interest rates after the consumer prices…
The Canadian dollar’s rally extended today for the second straight day against the U.S. dollar and the Japanese yen and for the third consecutive day versus the euro as the equities gained and the prices for crude oil, the main nation’s…
The euro rose today against the U.S. dollar and the Japanese yen for the second straight day on the rising commodity prices and the equities. The European stocks gained on the report that China’s exports jumped 50 percent…
The Japanese yen strengthened today as the traders worry about the impact of the sovereign-debt crisis in Europe, increasing the appeal of the safer currencies. The investors are concerned about the U.K. economy after Fitch Ratings said…
The Hungarian forint gained today for the third consecutive day after Hungary’s government pledged to cut the budget shortfall, easing the concerns about the possible default. Hungary, the first member of the European Union received…
The New Zealand dollar rose today after two days of decline against its U.S. counterpart, the euro and the Japanese yen as the Asian stocks gained and the commodity prices increased, boosting the demand for the higher-yielding…
The Canadian dollar gained today as the robust Canadian economy increases the appeal of the currency as the safe have, therefore drawing the investors, who seek the safety from the European debt crisis. Canada, together with…
The Hungarian forint, which dropped previously on the speculations about the possible default in Hungary, strengthened today for a second day after Hungarian government pledged to stick to the budget deficit goal. Mihaly Varga, the state…