The US dollar slipped today versus the euro after the US Federal Reserve maintained its quantitative easing program, signaling that the US economy hasn’t quite recovered yet and still requires stimulus.

The Japanese yen tumbled today after the Standard and Poor’s downgraded Japan’s credit rating one step to AA- as the Japanese government hasn’t done enough to reduce the nation’s enormous debt.

The Great Britain pound recovered today as the minutes of the Bank of England Monetary Policy Committee meeting showed that more policy makers voted for an increase of the interest rates than on the previous meetings.

The Mexican peso was little changed today after it dropped yesterday on the speculation that the government will intervene to weaken the currency.

The Swiss franc extended its gains today as stocks and commodities declined after the UK gross domestic product unexpectedly declined last quarter, reducing investors’ willingness to risk.

The US dollar weakened today after the report showed that house prices declined and manufacturing slowed in the US, reducing optimism for the nation’s economy.

The Australian dollar slipped today against its US counterpart after the report showed that the inflation rose with slower pare than was predicted.

The Great Britain pound slumped today after the report showed that Britain’s GDP unexpectedly shrank, causing doubts about the nation’s ability to deal with the budget deficit.

The Canadian dollar weakened on the signs of increasing supplies of crude oil, the main export of Canada, yet the currency managed to rebound versus its US counterpart as the stocks rallied.

The Australian dollar strengthened today as the rally of stocks increased appeal of the riskier assets, but the concerns about the impact of the floods on the Australian economy persist and may curb the currency’s gains.