Analysts expected a correction of the Australian dollar after the impressive rally a week ago. Instead, the Aussie was climbing to new records against the US dollar almost every day.
Chinese Yuan Appreciates with Other Asian Currencies
April 02nd, 2011 at 4:48
The strong economic growth of the Asian countries spurred talks about future rate increases. These talks benefited the currencies of the region, including the Chinese yuan.
Loonie at 3-Year High Against Greenback
April 02nd, 2011 at 0:57
The Canadian dollar gained for the fifth consecutive session against its US peer, reaching the highest level in more than three years, as the employment in the US, the biggest trading partner of Canada, improved and crude oil, the main nation’s export, advanced.
Pound Drops as Manufacturing Declines
April 01st, 2011 at 14:35
The Great Britain pound fell today against the US dollar and the euro as the UK Purchasing Managers’ Index slid in March to the lowest level in five months.
US Dollar Rises vs. Euro on Non-Farm Payrolls
April 01st, 2011 at 13:39
The US dollar gained against the euro today, ending the 4-day decline, as the US non-farm payrolls provided better-than-expected results.
Slump of Japanese Yen Continues Without Slowing
The Japanese yen fell today for the fifth day versus the euro and the Great Britain pound, for the seventh day against the US dollar and declined against all other most-traded currencies today as economic recovery is gaining momentum.
