The Swiss franc slumped today after Federal Reserve Chairman Ben. S. Bernanke spoke today, improving sentiment on markets, while rumors abound that Switzerland’s policy makers are preparing another action to weaken the Swiss currency.
Dollar Drops After Bernanke Speech & GDP Report
August 26th, 2011 at 17:01
The US dollar fell today after the report showed that the US economy expanded with slower pace than was predicted by specialists and Federal Reserve Ben S. Bernanke hinted at possibility of additional stimulus.
Pound Goes Down as UK Economy Slows
August 26th, 2011 at 9:24
The Great Britain pound weakened against the Japanese yen and slowed its advance versus the US dollar after the report showed the UK economy grew with slower pace in the second quarter.
Aussie Recovers on Stevens’ Speech
August 26th, 2011 at 8:50
The Australian dollar strengthened today as the statement of nation’s central bank Governor Glenn Stevens spurred the speculation that the Reserve Bank of Australia won’t cut interest rates.
Will Bernanke Announce QE3? Will Dollar Decline?
August 25th, 2011 at 19:41
The US dollar continued to rise today ahead of tomorrow’s speech of Federal Reserve Chairman Ben S. Bernanke, who is expected to announce a new round of quantitative easing. Some economists believe such expectations are futile.
Euro Falls for Second Day vs. Dollar
August 25th, 2011 at 17:39
The euro fell against the US dollar for the second day and erased gains versus the Swiss franc today as investors are less willing to buy the currency amid signs of problems in Europe and concerns of global economic slowdown.
Australia’s Dollar Weakens on Germany’s Consumer Confidence
August 25th, 2011 at 11:16
The Australian dollar fell today against most major currencies, before rebounding, as the report showed consumer confidence in Germany declined this month, reducing appeal of higher-yielding assets.
GBP Falls vs. EUR with Consumer Confidence & Retail Sales
August 25th, 2011 at 10:42
The Great Britain pound fell today against the euro and fluctuated versus the dollar as the signs that the economy of the UK is weakening made the sterling less attractive to Forex traders.
Loonie Feels Better with Good Signs from US
August 24th, 2011 at 19:07
The Canadian dollar gained today versus most its major peers as the signs of stronger US economic growth and anticipation of new round of quantitative easing in the US improved prospects for the Canadian currency.
Dollar Gains Before Bernanke Speech
August 24th, 2011 at 16:31
The US dollar advanced today against all major currencies as Forex traders expect Federal Reserve Chairman Ben S. Bernanke will signal this week about additional stimulus for the US economy.