The euro advanced today against the U.S. dollar, erasing the yesterday’s decline, and rose versus the Great Britain pound and the Japanese yen after China confirmed its intentions to invest in Europe, damping the risk…
The Canadian dollar strengthened today, paring its previous losses, after the concern about the fiscal troubles in the Europe receded, driving the stocks up and increasing the bets that the central bank will increase…
The Great Britain pound rose today after the Chinese government announced that the report that China is reviewing the foreign-exchange holdings of the euro assets is “groundless”, improving the traders’ risk sentiment.…
The Taiwan dollar fell today as the central bank’s policy makers attempt to prevent the speculation leading to the currency’s appreciation. The Central Bank of the Republic of China (Taiwan) takes measures to ensure that the loans won’t…
The euro rebounded today after the yesterday’s drop despite the forecasts about possible decline to parity with the U.S. dollar and the threat of the break-up of the Euro-zone. The concerns remain, nevertheless. Unexpected Germany’s decision to ban…
The U.S. dollar rose against the euro and the Great Britain pound today as the debt crisis threatens to spread across the European countries, increasing the demand for the safety, while the U.S. economy shows the accelerating growth,…
The Mexican peso weakened today as the debt crisis threats to spread across the Europe, curbing the commodity prices, and on the increasing unemployment rate. Crude oil, the biggest source of the export income, forming about a third…
The Chilean peso declined today versus the euro as the global equities and the commodity prices dropped, feeling the impact of the banking troubles in Spain and the conflict on the Korean peninsula. The International Monetary Fund said that Spain…
The Australian dollar extended the decline against its U.S. counterpart and dropped against the euro as the banking crisis in Spain and the conflict between North and South Korea destabilize the markets. The regulators in Spain, supported by the request…
The Canadian dollar declined today after the equities and the commodities, including crude oil, fell on the concerns for the European banking system, making the investors less willing to risk and weakening the currencies tied to growth. The MSCI…