January 05th, 2011 at 21:47
The US dollar surged today, experiencing a very good beginning of the year as the macroeconomic reports post good results virtually every day. Today we had the reports about employment and services industries in the US, which confirmed the positive trend.
January 05th, 2011 at 15:12
The euro slipped today on the speculation about Greece’s default and after the report showed that the unemployment in Germany rose, renewing the talks about collapse of the Eurozone.
January 05th, 2011 at 14:27
The Chilean peso dropped today most in twenty years after the central bank announced its intention to purchase $12 billion in the foreign-exchange market.
January 05th, 2011 at 6:53
The Canadian dollar dropped against its US counterpart after crude oil, the main Canada’s export, declined together with other commodities, decreasing attractiveness of the currency.
January 05th, 2011 at 4:44
The Swiss franc was little changed after it dropped yesterday as the rally of stocks caused investors to turn their attention from the safe currencies to the higher-yielding ones.
January 04th, 2011 at 15:41
The Great Britain pound strengthened today after the report showed that the number of the mortgage approvals unexpectedly increased in November.
The Indian rupee slumped today on concerns that the nation’s current-account deficit would widen as India’s central bank blocked dollar or euro payments for Iranian oil.
January 03rd, 2011 at 23:59
The euro gained today as the Eurozone Purchasing Managers’ Index rose in December, signaling that the European economy slowly recovers and the fears of the financial crisis may recede.
January 03rd, 2011 at 19:12
The US dollar rose today against the Great Britain pound and the Japanese yen after the reports showed that the manufacturing expanded and the construction spending increased in the US. The currency fell versus the euro.
January 03rd, 2011 at 16:58
The US dollar was weakening in 2010 amid the concerns about the US economy and as the quantitative easing damped the appeal of the currency. On the other hand, the dollar managed to rise somewhat recently. What the future holds for the US currency this year?
