The Aussie rebounded after losing versus most of
AUD/USD traded at 0.9053 as of 00:09 GMT from a previous rate 0.9034 when markets opened Sunday evening.
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After China announced it will take further measures to control inflation in the country, which can be understood with implied slower economic growth, the South Korean currency declined versus most of its main trading partners currencies, as was the worst performer in the Asian region this week in
USD/KRW ended the week at 1,152.50 from an opening rate of 1,136.2 this Friday.
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The U.S.
Click to continue reading “Dollar Benifits From Chinese Lending Requirements”
The British currency had a favorable performance today versus multiple
After inflation surpassed analysts estimates and Bank of England’s target today, the pound gained considerably versus most of the main traded currencies, specially versus the euro, as Greece’s budget deficit is still affecting the currency’s outlook, and ths Swiss franc, which had a rally halted as fears of interventions from the nation’s central bank emerged.
EUR/GBP slid to 0.8727 as of 23:41 GMT from a previous rate of 0.8785 yesterday.
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The euro tumbled today versus most of the
The European single currency dropped versus most of the 16 main traded currencies today as the outlook for the economic bloc declined considerably after theGerman ZEW Economic Sentiment report brought negative data to traders, which opted for other currencies in the region and overseas as Germany is the main economy currently using the euro.
Click to continue reading “Euro Slides After German Sentiment Report”
Click to continue reading “Canadian Dollar Tumbles on Rates Outlook”
The Swiss franc gained versus several
Even if the Swiss National Bank President Philipp Hildebrand stated last week that franc’s fluctuations will be monitored closely, expressing concern with the Swiss currency high rates, the franc advanced today versus the euro as traders feel it is still undervalued versus the European single currency. According to analysts, the SNB will impose more than verbal interventions anytime soon as long as the franc continues bullish.
EUR/CHF traded at 1.4740 as of 21:31 GMT from an opening rate of 1.4753 yesterday.
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After a week of losses versus most of the main traded currencies in
The Brazilian real gained today versus the yen and the U.S.
Click to continue reading “Real Rebounds on Brazilian Stock Market”
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