The Swiss franc went down today as China’s trade surplus was above $20 billion for the third consecutive month, easing the concerns that the global recovery losing momentum and reducing the demand for the safer assets.

The Great Britain pound weakened today after the Bank of England kept the interest rates unchanged and Nick Clegg, the Deputy Prime Minister of the United Kingdom, said that Britain’s economic recovery may be “uneven”.

The US dollar slipped today as the concerns for the global economic recovery eased and the demand for the safer currencies decreased after the positive macroeconomic data from the US was released, but the currency gradually returns to the levels at which it started today’s trading session.

The outlook for the Canadian dollar improved after Canada’s central bank raised the interest rates and issued the statement, which was much more hawkish than expected. Still, the uncertainty about the global economic growth will likely limit the potential loonie’s gains.

The Australian dollar surged to the highest level since May versus the US currency after the government report showed that the employment in Australia increased more than forecast and the unemployment rate dropped.

The euro slid today on the speculation that the banks of the European Union would have hard time to raise the funds amid the signs of the slower economic growth in the region. For now, the currency rose somewhat, but still weaker than yesterday.

The Swiss franc slumped today against the euro as the equities gained, decreasing the demand for the safe haven, provided by the Swiss currency. The franc fluctuated versus the dollar as the US currency also was affected by the weaker demand for the safety.

The Canadian dollar rebounded today against its US counterpart and rose versus the euro for the forth straight day as the Canadian central bank raised the interest rates and suggested that it may continue to raise the rates in the future as Canada’s economy still grows, albeit with the slower pace.

The Asian currencies, including the Malaysian ringgit, gained today as the speculation, that the region’s economic growth would outpace the US and the European expansion, continues to attract the foreign investors to Asia.

The South African rand fell today for the third day against the US dollar as the economists predict that the report would show the slower pace of the manufacturing growth, signaling that South Africa’s economy declines.