The South African rand fell today on the speculation that the Prime Minister would announce the measures to weaken the currency during his today’s speech.
Norwegian Krone Drops on Outlook for Interest Rates
Norway krone fell today as the central bank would refrained from increasing the interest rates and on the speculation that the bank would slow the monetary tightening in the future.
Aussie Falls as Slower Inflations Curbs Bet On Interest Rates Hike
October 27th, 2010 at 7:00
The Australian dollar fell after the report showed that the consumer prices rose less than expected, decreasing the possibility of the interest rates hike by the central bank.
Pound Rises on GDP and Better Outlook from S&P
October 26th, 2010 at 15:19
The Great Britain pound surged today after the Standard & Poor’s raised the credit outlook for Britain and the GDP report trimmed the bets for the quantitative easing.
Yen Weakens on Intervention Concerns
October 26th, 2010 at 14:41
The Japanese yen fell today as the concerns about another intervention continue to mount. The yen appreciated more than 5 percent since the last intervention.
Pound Falls as UK Mortgage Approvals Declined in September
October 26th, 2010 at 0:20
The Great Britain pound fell today against the Japanese yen after report showed the number of the mortgage approval decreased more than expected. The pound gained against the US dollar, which fell against all other currencies.
Yen Continues to Strengthen, Intervention May Be Possible
October 25th, 2010 at 18:07
The Japanese yen continued to rise today as the Group of Twenty meeting last week hasn’t provided decision, which could change the behavior of the currencies.
Australian Dollar Rises with Higher PPI
October 25th, 2010 at 11:09
The Australian dollar rose today after the report showed the Producer Price Index rose more than forecast in the third quarter.
Dollar Falls After G-20 Meeting
The US dollar slumped today as the G-20 meeting failed to provided any reasonable plan on how to avoid the competitive devaluation of the currencies across the world, fueling the speculation about future quantitative easing by the Federal Reserve.
How G-20 Meeting May Influence Japanese Yen?
The Japanese yen demonstrated yesterday the same pattern as other currencies as it was highly volatile, yet closed near its opening level. Unlike some other currencies it managed to close above the opening level against most currencies.

