The Japanese yen dropped today after the Japanâs Social Democratic Party left the coalition government, causing speculation that the political turmoil will diminish the currency’s attractiveness as the safe haven. The Social Democratic…
The euro’s movement this week was signified by high volatility as the announcement of China’s government eased concerns, caused by troubles of Spanish banking system, then speculation about the possible ban of naked shorts…
The U.S. dollar rose today against the euro and the Great Britain pound after the reports showed that the U.S. economy continues to expand, Japanese yen managed to outperform the U.S. currency, though, as the economic…
The euro experienced high volatility today against the U.S. dollar and the Japanese yen on the concerns that the austerity measures will be taken by the EU leaders to rein the debt crisis, hurting the economy. The speculation…
The Mexican peso rose today as the announcement of the Chinese government that it doesn’t plan to stop investing in Europe brought the respite to the global markets. The forecasts for the Mexico’s economic growth range from 4.3…
The Brazilian real strengthened, before retreating again, today as China stated that the report about its decision to abandon the European investments was “groundless”, easing the concerns on the global markets. The volatility of the real…
The euro advanced today against the U.S. dollar, erasing the yesterday’s decline, and rose versus the Great Britain pound and the Japanese yen after China confirmed its intentions to invest in Europe, damping the risk…
The Canadian dollar strengthened today, paring its previous losses, after the concern about the fiscal troubles in the Europe receded, driving the stocks up and increasing the bets that the central bank will increase…
The Great Britain pound rose today after the Chinese government announced that the report that China is reviewing the foreign-exchange holdings of the euro assets is “groundless”, improving the traders’ risk sentiment.…
The Taiwan dollar fell today as the central bank’s policy makers attempt to prevent the speculation leading to the currency’s appreciation. The Central Bank of the Republic of China (Taiwan) takes measures to ensure that the loans won’t…
The euro rebounded today after the yesterday’s drop despite the forecasts about possible decline to parity with the U.S. dollar and the threat of the break-up of the Euro-zone. The concerns remain, nevertheless. Unexpected Germany’s decision to ban…
The U.S. dollar rose against the euro and the Great Britain pound today as the debt crisis threatens to spread across the European countries, increasing the demand for the safety, while the U.S. economy shows the accelerating growth,…