The Great Britain pound weakened today after the report showed that the UK industrial production expanded in March far less than was predicted.

The Norwegian krone gained today on the forecast that the nation’s central bank will raise its interest rates today to slow the fast credit growth.

The Australian dollar slumped today after employment in Australia unexpectedly dropped in April, posting the biggest drop since 2009.

The Great Britain pound gained versus the euro today after Britain’s central bank increased its inflation forecast. The currency erased gains against the US dollar and the Japanese yen as the BoE Governor Mervyn King hinted that the interest rates won’t be raised in the foreseeable future.

The South African rand moved lower versus the US dollar for a third day today on outlook that the nation’s central bank will keep the interest rates unchanged.

Uncertainty about the situation with Greece continues to plague the European Union, causing volatile swings of the euro. The currency erased its yesterday’s rally only to resume its upward movement and then drop again.

The Canadian dollar extended its rally today, rising for fourth day against its US counterpart, as commodities, including crude oil, reversed the downward trend and rallied.

Commodities and global equities recovered today from the last week’s sharp decline, signaling that investors became less interested in safe assets. Such shift of market sentiment harmed the Swiss franc.

The Indonesian rupiah advanced for the third day today on positive outlook for the biggest economy of Southeast Asia, caused by the inflow of foreign funds.

The Japanese yen dropped today after equities gained and commodities pared declines, reducing demand for safe currencies.