Euro Climbs as Pandemic Fears Ease

The euro rose against the dollar and the pound as concerns involving the swine flu have eased and the reported economic confidence in the region hit the…

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Dollar Falls as Economy Shows Recovery

The U.S. dollar and the yen fell as signs that the recession could be ending attracted investors back to riskier assets, making the demand for refuge currencies, such…

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Spreading Swine Flu Pushes Yen Up

The yen hit a four-week high against the dollar as speculations suggest that the swine flu will deepen the global slump. In these times of crisis the yen has…

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Pound Falls on Pessimist Moody’s Declaration

The Moody’s Investors Service declarations that finances would be deteriorating in Britain brought the pound further down against the yen and the euro. The pound failed to recover against major currencies after negative domestic statements…

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Euro Strengthens on Positive Economic Reports

The dollar and the yen lost ground against the euro, as an index of services and industrial production in Europe showed better than estimate numbers, creating speculations of an economic recovery…

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Yen Rises on Deepening Crisis Speculations

The yen had a significant rise today against major currencies, rumors that losses in the U.S. banks will go further brought investors to buy Japanese assets, considered a «safe harbor»…

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