The Japanese yen went up to the highest level since November 2009 against the US dollar and advanced versus all other most traded currencies after the economic reports suggested that the US…
The Canadian dollar weakened today as the bad economic data from the US, Canada’s biggest trading partner, caused the pessimism about Canada’ economic growth. The job reports from US and Canada should…
The New Zealand dollar strengthened today as the signs of improving global economy and the accelerating economic growth in Asia, particularly in China, causes the speculation that the demand for the currency will rise. The MSCI Asia Pacific…
The South Korean won strengthened today, reaching the highest level in more than two months after the nation’s foreign-exchange reserves climbed to the record level. The nationâs reserves jumped to $285.96 billion in July…
The Australian dollar reached today the highest level in almost three months versus its US counterpart and advanced against the Japanese yen as the signs of the robust economic growth supported the outlook for the unchanged interest…
The 16-nation European currency showed the strong performance this summer, just as most traders lost any confidence in the currency. The questions, which of course sits in many minds, is: can the euro sustain…
The Great Britain pound strengthened today against the US currency to the highest level in almost six months as the economic data showed that Britain’s economy expanded faster than the analysts anticipated. The gross…
The Swiss franc fell today against the US dollar and the euro, as the rally of the equities damped the demand for the currency as the safe haven, despite of the favorable fundamentals. The Stoxx Europe 600 Index climbed as much as 1.9…
The US dollar performance was abysmal this week as concern about the slowdown of the US economic growth persists and even the good news weren’t able to weaken the fears. The dollar fell versus all…
The Swiss franc rose reached today the highest level this week against the euro after the leading economic indicators remained at the highest level in almost four years. The KOF Economic Barometer remained…
The US dollar fell against the Japanese yen today to the lowest level since November 2009 after the economic report suggested that the US economic growth slows, decreasing the appeal of the US currency.…
The Indian rupee rose today after the central bank increased the interest rates for the fourth time this year, raising the yield on local assets. The Reserve Bank of India raised the overnight borrowing rate…