The Great Britain pound slipped today on the speculation that the attempts to deal with the budget deficit may be hindered by the slow growth of the U.K. economy, which expanding with slower pace than the economies of the U.S. and the Euro-zone.

The euro gained today against most other major currencies on the speculation that Greece may accept to perform the budget cuts, which were requested by the European Union from Greece for the nation to receive the $159 billion financial aid.

The Swiss franc dropped slightly against the euro today before returning to its opening price as Philipp Hildebrand, the Chairman of the central bank, said that the further rise of the franc will be contained while the policy makers are “acting decisively to prevent an excessive appreciation”.

The Canadian dollar rose against its U.S. counterpart for a second day and gained versus other major currencies today after the crude oil prices and the stocks advanced, signaling about the widening economic recovery and improving the investors’ risk sentiment.

The Great Britain pound gained today on the speculation that the nation’s budget deficit will be dealt with even in case the election would produce the government without the majority in the Parliament.

The Brazilian real advanced today against the U.S. dollar, supporting the bullish outlook for the currency, which was prompted by the increasing interest rates.

The euro rose today on the signs of the increasing confidence in the Euro-zone economy, supported by the outlook for the fast-paced economic recovery, despite the threat of the budget deficit spreading beyond Greece that plagues Europe.

The U.S. dollar rose today against the Japanese yen, erasing its yesterday losses, and against the Great Britain pound after the Federal Reserve confirmed its intention to keep the interest rates near zero and reported about the stable inflation outlook and the improving labor market conditions; the greenback retreated versus the euro.

The Canadian dollar advanced today against its U.S. counterpart and some other major currencies after the U.S. stocks rose more than estimated and as the investors demand for the currencies of the nations with the strong economies increased.

The euro rebounded today from its lowest level in a year, which it reached yesterday, on the reviving hopes that Greece will receive the joint EU-IMF rescue package soon as Germany may be persuaded to participate in the aid.