The South Korean won fell against the euro today on concerns that problems in Europe crippled economic growth of Asian nations. The currency was also down versus the US dollar, but later rebounded.
Inflation — News Archive
Mexican Peso Highest Since October as Rates Remain Unchanged
January 20th, 2012 at 18:14
The Mexican peso jumped today to the highest level since October as the nation’s central bank refrained from cutting interest rates as high consumer prices hurt country’s economic growth.
NZD Gains as Chinese Inflation Slows
January 12th, 2012 at 4:50
The New Zealand dollar gained after China’s inflation decelerated, spurring speculation that China will stimulate the slowing economic growth, boosting prospects for New Zealand exports.
Pound Lower on Trade Balance & Monetary Easing Speculation
January 11th, 2012 at 14:29
The Great Britain pound went down today after trade balance deficit widened retail price inflation slowed. The sterling also weakened on speculation that the Bank of England will add stimulus.
Chilean Peso Rallies as Inflation Climbs
January 07th, 2012 at 3:09
The Chilean peso rallied after inflation jumped more than was forecast by economists, reducing probability of an interest rate cut by the nation’s central bank.
Euro Retreats as Inflation Slows
January 04th, 2012 at 15:24
The euro pared its yesterday’s gains today after the preliminary report showed that inflation in the eurozone slowed and the outcome of the German debt auction wasn’t very good.
Shekel Rebounds as Central Bank Holds Interest Rates
December 27th, 2011 at 12:19
The Israeli new shekel rebounded today after earlier drop versus the US dollar as the nation’s central bank maintained its key interest rate and predicted that the country’s economy will expand next year.
Bank Rossii Lowers Main Interest Rate as Inflation Slows
December 23rd, 2011 at 9:29
The Bank Rossii (Russia’s central bank) unexpectedly lowered its main interest rate today on the concerns that the inflation decelerates. The Russian ruble is still up against the US dollar despite the news.
Loonie Drops as Fitch Spoils Market Sentiment
December 16th, 2011 at 23:27
The Canadian dollar closed below the opening level today as Fitch Ratings came in and knocked down the positive market sentiment by signaling that France’s top credit ranking may be in danger.
Real Dips as Brazil’s Economy Slows
December 15th, 2011 at 6:09
The Brazilian real weakened today, following other riskier currencies in decline, on the signs that Brazil’s economy felt the negative impact of the European sovereign-debt troubles on the global economic recovery.

