The U.S. dollar posted gains against the Great Britain pound and the Japanese yen this week, on the other hand, the greenback fell versus the euro, extending its losses for the second week. The speculations that…
The Australian dollar rose against the euro and fluctuated versus the Japanese yen on the speculation that the global economic recovery gains momentum, attracting the investors to the higher-yielding currencies; the moves against the U.S. dollar currently…
The Canadian dollar gained for the fourth straight day against its U.S. counterpart and strengthened versus the euro today after the labor market posted the very positive set of results. The employers added 93,000…
The South African rand extended its gains against the U.S. dollar for the fourth consecutive day as the speculation that the global economic recovery is gaining momentum encourages the investors to purchase the higher-yielding assets.…
The South Korean won rose today after the central bank increased the interest rates for the first time since the beginning of the global economic recession. The Bank of Korea increased the seven-day repurchase rate to 2.25…
The U.S. dollar strengthened against the Great Britain pound and the Japanese yen, in the same time the greenback weakened versus the euro, as the macroeconomic indicators posted the mixed set of results today. The unemployment claims pleasantly…
The euro rose today to $1.27 for the first time since May 12th and gained versus the Japanese yen after the International Monetary Fund and the ECB President Jean-Claude Trichet said that the global economic…
The Great Britain pound fell today against the U.S. dollar and some other major currencies as the macroeconomic indicators spurred the concern that the budget cuts would hurt the Britain’s economy. According to the Halifax…
The Japanese yen extended its losses today as the European and Asian equities rose, supporting the positive outlook for the global growth and decreasing the demand for the safe currencies. The Stoxx Europe 600 Index added 0.7…
Today was the second day of gains against the U.S. currency for the Canadian dollar, as the rebound of the stocks and the rising prices for crude oil increased the attractiveness of the growth-linked currencies. The Standard & Poorâs/TSX Composite Index,…
The U.S. dollar dropped today against some currencies as the gains of the global stocks and the increasing commodity prices brightened the outlook for the global growth, while the prospect for the growth of the U.S. economy remains less optimistic,…
The Great Britain pound weakened today as the shop prices rose in June less than in may, adding to the concern that the budget cuts would slow the economic growth. According to the British Retail Consortium,…