Dollar — News Archive

Australian Dollar Falls This Week on Poor News for Riskier Assets

Saturday, August 21st, 2010

Australian dollarThis week was volatile for the Australian dollar, but it generally declined against most other major currencies as the concern for the economic growth continues to haunt the markets.

Canadian Dollar Falls as Economy Slows

Thursday, August 19th, 2010

Canadian DollarThe Canadian dollar slipped today after the economic reports from both the US and Canada itself intensified the concerns about the slowdown of the global economic growth.

Dollar Weakens as Reports Signal About Slowdown of US Recovery

Thursday, August 19th, 2010

US DollarThe US dollar weakened today against most other major currencies after the unemployment claims unexpectedly surged and other reports signaled that the economic recovery in the US is slowing.

Loonie Rallies After BHP’s Potash Hostile Bid

Thursday, August 19th, 2010

Canadian DollarThe Canadian dollar rose as the North American stocks rallied after the hostile bid for the Potash Corp. by the BHP Billiton Ltd., which increased the appeal of the growth-linked assets.

Aussie Falls on Lower Wages Growth

Wednesday, August 18th, 2010

Australian dollarThe Australian dollar fell today against the Japanese yen on the speculation that Japan’s central bank will refrain from curbing the yen’s gains and after Australia’s wages growth slowed. The Aussie also dropped versus the greenback.

Canadian Dollar Strengthens on Stocks & Oil Prices

Tuesday, August 17th, 2010

Canadian DollarThe Canadian dollar strengthened today as the gains of the global stocks and the rising oil prices spurred the demand for the currencies related to the economic growth.

Aussie Rallies for Second Day on Stocks & Economic Outlook

Tuesday, August 17th, 2010

Australian dollarThe Australian dollar rallied against its US counterpart today after the Asian stocks rose, increasing the demand for the riskier higher-yielding currencies, and on the improving outlook for the global economic growth.

Good Week for US Dollar Despite Troubles with US Economy

Saturday, August 14th, 2010

US DollarThe US dollar performed rather well against other major currencies this week, despite the concern for the US economy. In fact, actually the concern for the economic growth was one of the reasons the other currencies fell versus the greenback.

New Zealand Dollar Gains on Retail Sales & Stocks

Friday, August 13th, 2010

New Zealand dollarThe New Zealand dollar gained today against its US counterpart after the report showed that the retail sales grew with the fastest pace since 2007; the stocks rallied, adding to the attractiveness of the higher-yielding currencies.

Aussie & Kiwi Decline on Unemployment

Thursday, August 12th, 2010

Australian dollarThe Australian and the New Zealand dollars fell today after the jobless claims in the US rose unexpectedly and equities dropped, damping the investors’ willingness to risk and decreasing the appeal of the higher-yielding currencies.


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