Forex News

Very Bad Week for US Currency

NewsInspector — Sat, 31 Jul 2010 08:20:49 +0000

The US dollar performance was abysmal this week as concern about the slowdown of the US economic growth persists and even the good news weren’t able to weaken the fears. The dollar fell versus all other major currencies this month.(...)
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Franc Rises Against Euro on Signs of Improving Economy

NewsInspector — Fri, 30 Jul 2010 17:20:35 +0000

The Swiss franc rose reached today the highest level this week against the euro after the leading economic indicators remained at the highest level in almost four years.(...)
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Dollar Weakens vs. Yen & Pound on GDP & Confidence Reports

NewsInspector — Fri, 30 Jul 2010 16:18:51 +0000

The US dollar fell against the Japanese yen today to the lowest level since November 2009 after the economic report suggested that the US economic growth slows, decreasing the appeal of the US currency.(...)
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Indian Rupee Boosted by Increase of Interest Rates

NewsInspector — Fri, 30 Jul 2010 09:50:05 +0000

The Indian rupee rose today after the central bank increased the interest rates for the fourth time this year, raising the yield on local assets.(...)
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Brazil’s Real Rises on Better Consumer Sentiment

NewsInspector — Fri, 30 Jul 2010 08:51:33 +0000

The Brazilian real advanced today against the euro on the speculation that demand for the South American exports would grow as the European economic outlook brightened. The currency declined versus the greenback.(...)
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Loonie Rises vs. Greenback, Falls vs. Euro

NewsInspector — Thu, 29 Jul 2010 20:08:50 +0000

The Canadian dollar rose against its U.S. counterpart after two days of decline as demand for the crude oil, the main Canada’s export, increased and the commodity prices rallied. The loonie performed not so well against other currencies, including the euro, against which Canada’s currency continued to fall.(...)
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Yen Strengthens vs. Dollar on Increasing Growth Concern

NewsInspector — Thu, 29 Jul 2010 08:59:01 +0000

The Japanese yen rose today against the U.S. currency as the growing concern for the global recovery spurs the investors to seek safety, increasing the appeal of the Japanese currency.(...)
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Euro Rises vs. Dollar as U.S. Economy Shows Signs of Weakness

NewsInspector — Thu, 29 Jul 2010 08:36:05 +0000

The euro rose against the U.S. dollar today on the concern for the U.S. economic recovery, which decreased the appeal of the U.S. currency for the investors and increased the attractiveness of the shared European currency.(...)
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Zloty Rise vs. Euro as Economic Growth May Cause Rates Hike

NewsInspector — Wed, 28 Jul 2010 19:57:58 +0000

The Polish zloty extended its rally for the eighth consecutive day against the euro as the estimates of the Economy Ministry showed that the economy grew with the increasing pace, igniting the speculation that the central bank may raise the interest rates. The Polish currency dropped against the U.S. dollar slightly.(...)
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Dollar Declines vs. Yen as Durable Goods Orders Unexpectedly Fell

NewsInspector — Wed, 28 Jul 2010 16:27:55 +0000

The U.S. dollar fell today against the Japanese yen after the report today showed that the orders for the U.S. durable goods fell unexpectedly in June, fueling the concern for the economic recovery and spurring the investors to turn to the safety of Japan’s currency. The EUR/USD moves up and down today after it closed yesterday near its opening level.(...)
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