Currencies Archive

The Polish currency advanced today in foreign-exchange markets as Pimco speculates that 2010 will allow several emerging markets to outperform other investments, favoring the zloty in this Friday’s trading session. The zloty benefited from statements...

An employment report waited during all the week and released today frustrated analysts bringing weaker-than-expected figures for the U.S. economy, pulling the dollar down versus most of the 16 main traded currencies.After the non-farm payrolls report i...

The pound climbed just over two cents against a broadly weakened aussie dollar on Friday with a rise in risk aversion putting selling pressure on the higher-yielding currency.

• Weak data in the US and plummeting global equity markets enable …

Better-than-expected GDP figures in the US caused risk appetite to surge across the board enabling the kiwi to post gains of over a cent against the pound.

• The solid GDP figure in the US renewed optimism about recovery in the …

The dollar snapped four days of gains against the euro as the US economy returned to growth in the three months through September, officially exiting recession.

• The US government's advance estimate showed gross domestic product grew at an annualised rate …

Sterling closed marginally up against the US currency yesterday, although the price was pulled back significantly following weak US housing data.

• In early trading, the pound lost ground to the dollar as falls in equity prices encouraged investors to trim …

The pound posted gains against the aussie yesterday, reversing its steep fall at the end of last week as investors cashed profits, closing up 0.8% at 1.7822.

• The aussie was broadly weaker in trading yesterday as investors took the …

The Japanese yen fell to a two-month low against the single European currency against the backdrop of growth in the stock markets, triggered by good data on the earnings of the companies - this is yet another sign of reviving …

The kiwi advanced over three and a half cents (1.6%) against the pound yesterday as investors showed renewed enthusiasm for risky assets.

• Rising commodity-prices and stronger-than-expected corporate earnings in the US have contributed to continued demand for higher-yielding currencies. …

Sterling managed to close last week at a near two-week high of 2.2056 against kiwi, as the UK currency continued to build on support from a BoE official.

• The ailing pound managed to build on Thursday’s gains, rallying a …