Posts published in “News”

Dollar Rises Against Euro & Pound, Falls vs. Yen

The U.S. dollar rose today against the euro and the Great Britain pound on the speculation that the fiscal crisis in the Euro-zone will boost demand for the long-term U.S. financial assets; the U.S. currency dropped against…

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EU Crisis Saps Brazilian Real of Its Strength

The Brazilian real slid today as the widening crisis in the European Union caused pessimistic outlook for the global economic recovery and made the investors’ sentiment shift towards the risk aversion. The concern about the possible decreasing…

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Australian Dollar’s Appreciation May be Slowed

The Australian dollar declined as the minutes of the central bank policy makers’ meeting suggested that there will be the pause on the increase of the interest rate and as the global markets remain sluggish because of the European debt…

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Sterling Falls on Concerns About U.K. Budget Cuts

The Great Britain pound fell today against most other major currencies, including the U.S. dollar and Japanese yen, on the concerns about the nation’s budget shortfall and after the report that the house prices…

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EU Crisis Won’t Go Away, Euro Weakens Further

The euro extended its decline today amid the concerns that the actions, taken by the EU leaders to rein the debt crisis, will curb the region’s economic growth and may even lead to the dissipation of the Euro-zone.…

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