The Indonesian rupiah dropped today after the nation’s debt auction failed and as investors were selling Indonesian assets.
The US dollar demonstrated mixed performance in the previous week. Analysts think that the same may happen this week too.
November 23rd, 2013 at 17:31
The US dollar rallied against the Japanese yen and commodity currencies this week, but was unable to beat the euro and the Great Britain pound. Speculations about quantitative easing tampering in December (Dectaper) were helping the currency.
November 22nd, 2013 at 15:27
UK pound is making progress against many of its major counterparts, thanks in part to the economic data coming out of that country, and with the help of the release of the minutes from the last Federal Reserve meeting.
November 21st, 2013 at 12:53
The Indonesian rupiah fell today as the minutes of its latest Federal Reserve monetary policy meeting showed that policy makers were considering reduction of monetary stimulus.
November 20th, 2013 at 14:22
US dollar is struggling today, with the dollar index falling on projected weakness. Remarks from the Federal Reserve, as well as the latest moves by China, are weighing on the greenback today.
November 19th, 2013 at 22:04
The Canadian dollar fell today despite the rally of crude oil — the major export of Canada. The currency dropped as prospects for global growth worsened.
November 19th, 2013 at 13:54
The Indonesian rupiah advanced today with the help of the view that the US Federal Reserve will maintain stimulus, making investors more willing to bring money into emerging economies.
US dollar struggles as it become clear that the Federal Reserve is reluctant to taper. Plus, demand for riskier assets is reducing the interest in the greenback today.
November 18th, 2013 at 15:02
The Indian rupee rose today on hopes that the US Federal Reserve stimulus will maintain capital inflows into the Asian country and on expectations of an interest rate hike from the Indian central bank.