The Canadian dollar wasn’t performing well recently, at least against the dollar and the yen. Can the currency improve its behavior in the near future? It’s possible, but not probable. The performance against the euro and other growth-related currencies is another matter.
Polish Central Bank Keeps Rates High to Support Zloty
December 07th, 2011 at 16:19
Poland’s central bank maintained its key interest rate at the highest level in almost three years as the nation’s currency declined after the European debt crisis deterred investors from buying riskier currencies of emerging markets.
Indian Central Bank Plans to Stop Rate Hikes, Rupee Isn’t Bothered
December 01st, 2011 at 4:12
The Indian rupee rose today despite the speculation that the slowing economic growth will cause India’s central bank to pause its interest rate hikes.
SA Rand Rebounds on Outlook for Interest Rates
November 22nd, 2011 at 11:24
The South African rand rebounded today after yesterday’s decline on the speculation the central bank will keep its interest rates unchanged, continuing to draw foreign investors.
Franc Drops as CPI Falls, SNB Ready to Intervene Again
The Swiss franc weakened today after the report showed that the inflation in Switzerland unexpectedly declined, spurring the speculation that the central bank may tighten the peg of the Swiss currency to the euro.
Aussie Heads Down on RBA Economic Outlook
November 04th, 2011 at 11:59
The Australian dollar fluctuated today, heading for a first weekly loss against the US dollar since September, after the Reserve Bank of Australia cut its economic forecast, leading to the speculation that the central bank will decrease the interest rates on its next monetary policy meeting.
RBNZ Signals About Possible Interest Rates Hike, NZD Higher
October 27th, 2011 at 3:37
The New Zealand dollar gained today, extending its rally for the second day, after the Reserve Bank of New Zealand key its target interest rate unchanged, but suggested that an increase is possible in the future.
Can Australian Dollar Drop Further?
October 26th, 2011 at 23:28
The inflation report that showed a slowing inflation weakened the Australian dollar. But will the currency extend its drop? That’s a definite possibility in case the central bank would cut the interest rate next month.
India’s Rupee Rebounds on Inflation Pressure
The Indian rupee climbed today after the previous decline as the currency’s weakness spurred the speculation the central bank will intervene to support the currency and trim the inflation.
USD/INR Above 50, Will RBI Intervene?
October 21st, 2011 at 13:31
The Indian rupee fell below 50 per a dollar today on the signs of an economic slowdown in India, spurring the speculation that the nation’s central bank may intervene to support the currency.
