The Great Britain pound rose versus the greenback on the report from the US about more than expected job losses. The sterling fell against the euro and the dollar as the data from the UK itself hasn’t…
Dollar Sinks on Decreasing Payrolls
The US dollar slumped today after the US non-farm payrolls sank more than expected, suggesting that the Federal Reserve would require to perform additional stimulus measures to support the nation’s economy.…
Euro Falls vs. Dollar on Lower German Production
The euro fell vs. the dollar after the report showed that the industrial output in Germany declined and on the speculation that the conditions on the US labor market improved. The German industrial production fell 0.6 percent…
Aussie Rises on Anticipation of Lower US Employment
The Australian dollar rose today and is heading for the third weekly gain versus the greenback as today’s report expected to show that the US employment decreased. The analysts expect that today’s report would…
Japanese Currency Benefits from Increasing US Jobless Claims
The Japanese yen strengthened today the stocks dropped and the number of the jobless claims in the US rose more than expected, driving the investors to seek the safety of Japan’s currency. The analysts estimated previously that the jobless…
Sterling Falls After Interest Rates Remained at Low Level
The Great Britain pound fell today after the central bank’s policy makers kept the interest rates at the low level, despite the concerns that the inflation may accelerate. The pound was rising the last…
Czech Koruna Weakens as Government May Curb Gains
The Czech koruna fell against the euro as the traders expect the government to weaken the currency to protect the nation’s exports and prevent the deflation. Against the greenback the koruna fluctuates between gains and losses after its slumped…
South Korean Won Rallies, Will Government Intervene?
The South Korean won extended its gains for the fifth day after the macroeconomic data from the US eased the concerns about the global economic growth. The yesterday’s report showed that the conditions of the service…
Canadian Dollar Rises on Crude Oil & Employment Outlook
The Canadian dollar gained today as crude oil traded near its record levels and the Canadian employers added jobs for the seventh consecutive month according to the analysts’ estimates. Crude oil traded near…
Dollar Strengthens on Employment & Services PMI Reports
The US currency rose today against the euro and the Japanese yen after the reports showed that the US employers added more jobs than expected and the service industries expanded with increasing pace.…
Rand Fall as Investors Shun Riskier Currencies
The South African rand fell today as the growing concerns about the global economy, caused by the signs of the US economic expansion’s slowdown, damped the demand for the currencies of the emerging markets. The analysts predict that today’s…
NZ Dollar Weakens on Asian Stocks & Rates Outlook
The New Zealand dollar weakened today against the US dollar and the Japanese yen after the Asian stocks fell and on the speculation that the central bank would increase the interest rates with slower pace.…