The Swiss franc fell against the euro today, extending yesterday’s drop. The currency recovered a bit against the US dollar following the decline on the previous session and advanced versus the euro.
Dollar Falls vs. Euro on Stimulus Speculations
May 21st, 2013 at 22:37
The US dollar fell against the euro today on speculations that the Federal Reserve will maintain its stimulus program. The currency edged higher versus the Great Britain pound and the Japanese yen.
Japanese Mostly Lower Today
May 21st, 2013 at 16:06
Japanese yen is mostly lower today, following an earlier rally. Comments from a government official sent the yen a little higher against its major counterparts, but now the yen is settling down into weaker territory as the fundamentals are considered.
Loonie Falls as Oil Drops and Fed Considers Reduced Easing
May 21st, 2013 at 13:12
Canadian dollar is losing ground today, dropping as the the US Federal Reserve considers reducing its economic stimulus efforts. It’s also not helping the loonie that oil prices are dropping again.
UK Inflation Slows, Pound Weakens
May 21st, 2013 at 10:02
The Great Britain pound weakened today after data showed that inflation slowed last quarter more than was predicted by analysts, reigniting concerns about the UK economy.
AUD/USD Falls After RBA Minutes, Losses Limited
May 21st, 2013 at 9:36
The Australian dollar fell against its US peer today after the Reserve Bank of Australia released the minutes of its last policy meeting. The drop was small, however, and the currency gained against the Japanese yen at the same time.
Chilean Peso Drops on Weak GDP Growth
May 21st, 2013 at 1:42
The Chilean peso fell yesterday as Chile’s economic growth trailed forecasts, reinforcing the view that the central bank will cut interest rates soon.
Dollar Recovers, Remains Vulnerable
May 21st, 2013 at 1:16
The US dollar recovered a bit today after yesterday’s losses, but still remained soft amid speculations that the Federal Reserve may reduce its asset purchase program.
Euro Firms Against US Dollar Ahead of EU Meeting
May 20th, 2013 at 16:05
Euro is gaining ground today against the US dollar, firming ahead of the upcoming EU meeting. Even though there are expectations that Cyprus will need more support, and the situation with the eurozone is still a long way from resolved, the euro is finding support today.
UK Pound Gains as Home Prices Rise
May 20th, 2013 at 15:41
Hopes for the UK economy are driving the UK pound higher, especially against the US dollar, today. Rising home prices are providing optimism that the UK economy is improving, and that is reflected in sterling gains today.
