The Canadian dollar continues to weaken against its U.S. counterpart as the turmoil in Greece increased the global demand for the safety and pushed down the appeal of the currencies tied to growth for investors. The loonie, as the Canadian currency nicknamed…
The euro continues its decline on the speculation that the Greece’s budget crisis is worsening and may begin spreading to other countries, as was signaled by the prospect for the decrease of the Portugal’s credit rating. The Chancellor of Germany,…
The U.S. dollar rose to the highest level since March 26th against its Canadian counterpart as the speculation that Greece won’t receive the bailout drove the global risk sentiment toward risk aversion…
The Mexican peso tumbled today against the U.S. dollar as crude oil declined, dragging along with it the currencies tied to commodities, and with increasing global risk aversion sentiment. Mexico, being…
The Canadian dollar dropped today against its U.S. counterpart to the lowest level in more than a month as the commodities and the global equities were affected by the concern about the European debt crisis. The doubts that…
The euro plummeted today to the lowest level in a year against the U.S. dollar and dropped against other most trading currencies on the concern that the bailout for Greece won’t resolve the nation’s budget problems and the crisis…
The Australian dollar dropped against other most traded counterparts as the average borrowing costs suggest that the central bank may slow the pace of the interest rates increase. The benchmark rate was increased…
The South African rand fell today against the U.S. dollar on the outlook for the unfavorable jobless rate to remain without much improvement and as the commodity prices declined, causing the analysts to bet that the currency will…
The U.S. dollar rose today as the reports about the increasing personal income, consumer spending and manufacturing signaled about the widening U.S. economic recovery; the greenback was also supported by the speculation that the Goldman…
The Canadian dollar advanced today as the crude oil prices surged to the highest level since September 2008, U.S. stocks gained and gold climbed to the highest level since November 2009. The Canadian currency…
The euro dropped today as the doubts arouse that Greece won’t receive the â¬110 billion aid package, which are supposed to be provided by the European Union governments and the International Monetary Fund. The EU…
The New Zealand dollar rose today against other most-traded counterparts as the outlook for Greece to receive the rescue package valued as much as €110 billion ($146 billion) improved the investors’ risk sentiment and attracted…