The Brazilian real advanced today against the euro on the speculation that demand for the South American exports would grow as the European economic outlook brightened. The currency declined versus the greenback. The index of consumer sentiment…
Loonie Rises vs. Greenback, Falls vs. Euro
The Canadian dollar rose against its U.S. counterpart after two days of decline as demand for the crude oil, the main Canada’s export, increased and the commodity prices rallied. The loonie performed not so…
Yen Strengthens vs. Dollar on Increasing Growth Concern
The Japanese yen rose today against the U.S. currency as the growing concern for the global recovery spurs the investors to seek safety, increasing the appeal of the Japanese currency. The U.S. economy continues to show the sings of the weakness.…
The euro rose against the U.S. dollar today on the concern for the U.S. economic recovery, which decreased the appeal of the U.S. currency for the investors and increased the attractiveness of the shared European currency. The euro regained some of its…
The Polish zloty extended its rally for the eighth consecutive day against the euro as the estimates of the Economy Ministry showed that the economy grew with the increasing pace, igniting the speculation that the central bank…
The U.S. dollar fell today against the Japanese yen after the report today showed that the orders for the U.S. durable goods fell unexpectedly in June, fueling the concern for the economic recovery and spurring the investors…
The Australian dollar fell today for a second day against its U.S. counterpart as the in inflation rose slower than expected, fueling the speculation that the central bank would keep the interest rates unchanged.…
The Brazilian real declined today on the speculations that the central bank may start selling the currency for the dollars for the first time in more than a year. The central bank needs to curb the real’s gains and protect…
Canadian Dollar Falls on Stocks & Commodities Decline
The Canadian dollar weakened today after the decline of the U.S. consumer confidence and the decreasing prices for commodities damped the appeal of the currencies tied to growth. The Conference Boardâs index of the U.S. consumers’ sentiment dropped to 50.4,…
Dollar Rises vs. Yen & Euro
The U.S. currency strengthened today against the euro and the Japanese yen as the macroeconomic indicators suggested that the U.S. economy is recovering. The dollar dropped versus the Great Britain pound. The report about the new…
Swiss Franc Falls as Stocks Rally and Recovery Continues
The Swiss franc weakened today versus the U.S. dollar and the euro as the U.S. and the European economies show signs of recovery, damping demand for the franc as the safe currency and drawing the investors to the riskier assets. The MSCI World…
Yen Weakens on Signs of Recovery
The Japanese yen declined today against the U.S. dollar and the euro as the signs of the economic recovery in the U.S. prompted the investors to leave the safe currencies in favor of the higher-yielding ones. The Dow Jones Industrial Average rose…