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 will spread to other European countries.

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 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 remain weaker than $7.40 level.

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 Sachs Group Inc. won’t be sued for the fraud.

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 euro dropped today as the doubts arouse that Greece won’t receive the €110 billion aid package, which are supposed to be provided by the European Union governments and the International Monetary Fund.

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 them to the South Pacific nation’s higher-yielding assets.

The Great Britain pound experienced some volatile moves this week and by the weekend the currency declined against most other majors as the Parliamentary election draws near without signs of clear winner and as the households had the pessimistic outlook for their financial situation, causing the consumer confidence to worsen.

The Canadian dollar declined against its U.S. counterpart and other major currencies after the equities dropped on the speculation that the federal prosecutors investigating whether to file the criminal fraud charge against the Goldman Sachs Group Inc.