Vietnam desperately needs inflows of overseas capital, but the attractiveness of the country for foreign investment is in danger because of energy shortage. The Vietnamese dong remained stable today.
December 05th, 2013 at 23:56
The Canadian dollar rose against its US counterpart today on speculations that the recent drop was overdone. The currency remained weak versus the euro and the Japanese yen.
December 05th, 2013 at 16:11
US dollar is mixed against other majors today, looking for direction as economic data is released and policy decisions are made. There are a lot of questions about what’s next for the greenback, and many are waiting for further information.
December 05th, 2013 at 15:10
Euro is strengthening right now, gaining against its major counterparts on the latest ECB decision to stay the current course. There had been speculation that negative deposit rates were possible, but such an option has been put off for now, and the 17-nation currency is heading higher.
December 05th, 2013 at 14:07
The Great Britain pound declined today after the Bank of England kept the size of asset purchases unchanged and its main interest rate at the record low level.
December 05th, 2013 at 13:43
The Australian dollar edged down today, following yesterday’s slump, after a report showed that the nation’s trade balance deficit was much bigger than analysts have anticipated. Losses were relatively small.
December 05th, 2013 at 2:01
The Great Britain pound was relatively flat against the US dollar and the euro today after yesterday’s drop, but continued to fall against the Japanese yen. The losses were caused by the decline of the services’ index.
December 04th, 2013 at 23:35
The Japanese yen was rising today, getting help from speculations that the US Federal Reserve will reduce the scale of its asset purchases as early as this month. The currency has started to lose its gains, but stays above the opening level for now.
December 04th, 2013 at 18:57
The Canadian dollar is falling against its major counterparts today as the Bank of Canada keeps rates steady. Citing concerns about the Canadian economy, the BOC is keeping rates low, which has the effect of weakening the loonie.
December 04th, 2013 at 16:42
US dollar is headed higher today, gaining ground as the latest ADP employment is released. With this positive news, there is an expectation that the Fed really will start tapering its asset purchases soon.