September 15, 2009

Yen weakens on US data

The Japanese yen weakened Tuesday as good news from US retailers spurred investors to look for riskier investments among higher-yielding currencies.
US retail sales were up 2.7 percent in August; excluding auto sales, they were still up 1.1 percent in the month.
In afternoon trade in New York, the yen traded at ¥90.955 to the US dollar […]

September 11, 2009

USD weakens, rebounds after scare

Story link: USD weakens, rebounds after scare

The US dollar weakened Friday on decreased demand in favor of higher yielding currencies after a Reuters/University of Michigan survey showed US consumer sentiment at 70.2 in September, from 65.7 last month.
The rise in sentiment sent investors looking for riskier investments at the expense of the lower-yielding dollar.
However, the greenback gained back its decline versus […]

September 8, 2009

Pound sees gains on factory data

Story link: Pound sees gains on factory data

The pound saw gains Tuesday after an unexpectedly large rise in U.K. factory output in July while at the same time Germany’s industrial production dropped by 0.9 percent in July from June when analysts had predicted that Germany’s output would rise by 1.6 percent in July.
Factory output in the U.K. was up 0.9 percent in […]

August 28, 2009

Yen weakens on data, risk chances

Story link: Yen weakens on data, risk chances

The yen was weaker Friday as Japan’s unemployment rate was reported at 5.7 percent in July and as consumer prices dropped 2.2 percent from last year.
While the yen recovered slightly as the session progressed on a new US consumer confidence report, the new data on jobs and deflation seemed to point toward a greater possibility […]

August 25, 2009

USD weaker versus yen, euro

Story link: USD weaker versus yen, euro

The US dollar weakened in relation to the euro and the yen Tuesday as US consumer confidence was reported up in August and as home prices fell less quickly, reducing demand for the greenback as a safe investment.
The Conference Board reported that its consumer confidence index as at 54.1 in August, up from 47.4 in […]

August 19, 2009

USD weaker on gains in NY equities

Story link: USD weaker on gains in NY equities

The US dollar was weaker Wednesday as US equities markets were up on higher oil prices and investors looked for riskier investments, but in afternoon trade the greenback looked like it was beginning to gain back some of its declines.
At 1:46 p.m. in New York, the US currency traded at $1.4245 to the euro […]

August 17, 2009

USD, yen stronger on risk aversion

Story link: USD, yen stronger on risk aversion

The US dollar and the yen strengthened Monday as investors avoided risk after Japan’s gross domestic product did not grow as much as had been hoped in the second quarter.
Japan’s GDP added an annualized 3.7 percent in the second quarter, not as much growth as predicted but still an improvement over its 11.7 percent decline […]

August 14, 2009

Euro weaker on lower consumer prices

Story link: Euro weaker on lower consumer prices

The euro was weaker versus the US dollar and the yen Friday on a report from the European office of statistics which showed that consumer prices in the European Union were down 0.7 percent from last year, while at the same time US consumer prices were unchanged in July from June but were down 2.1 […]

August 12, 2009

Dollar lower ahead of Fed decision

Story link: Dollar lower ahead of Fed decision

The US dollar weakened a bit versus the euro on Wednesday ahead of announcement of a new decision on US interest rates by the Federal Reserve, due later in the day, in which the Fed is expected to hold rates steady for the time being.
In late morning trade in New York, the dollar traded at […]

August 11, 2009

Yen stronger on US, China data

Story link: Yen stronger on US, China data

The Japanese yen strengthened Tuesday as US equities markets declined and new data out of China showed fewer loans granted and less exports leaving China.
New figures revealed that China exports were down 23 percent in July from July of last year.
In mid-morning trade in New York, the yen traded at ¥135.6305 to the euro and […]

July 8, 2009

Yen advances on earnings concerns

Story link: Yen advances on earnings concerns

The yen saw gains Wednesday as investors sought safe investments on concerns that corporate earnings will be down in the United States and after machinery orders dropped 3 percent in Japan in May from April.
At nearly 11:30 a.m. in New York, the yen traded at ¥129.1869 versus the euro and at ¥93.105 to the US […]

July 2, 2009

Euro declines after Trichet comments

Story link: Euro declines after Trichet comments

The euro declined in relation to the US dollar and the yen Thursday after European Central Bank President Jean-Claude Trichet said that economic recover will likely to begin in the region until the middle of next year.
Mr. Trichet’s remarks came on the same day that the ECB held interest rates steady at 1 percent for […]

June 29, 2009

Yen weaker as risk appetite grows

Story link: Yen weaker as risk appetite grows

The Japanese yen weakened Monday as investors’ risk appetite increased on a report from the European Commission that executive and consumer sentiment in the Eurozone was up to 73.3 in June, from 70.2 in May.
The yen was also hurt by a report from Japan’s Trade Ministry that retail sales there dropped 2.8 percent in May […]

June 16, 2009

Greenback weaker on data

Story link: Greenback weaker on data

The US dollar was weaker in relation to the euro Tuesday as sentiment improved in Germany and demand for the greenback as a safe investment declined after housing starts were reported higher in the US in May.
The ZEW index of investor and analyst expectations stood at 44.8 this month, showing that German sentiment has risen […]

June 15, 2009

Pound weaker versus USD, yen

Story link: Pound weaker versus USD, yen

The pound weakened versus the US dollar and the yen Monday after the Confederation of British Industry predicted that the UK economy will not return to growth until next year and said that the Bank of England might need to print more money.
In addition, the pound was hurt by declines in equities markets.
At just before […]

June 10, 2009

Pound remains stronger on data

Story link: Pound remains stronger on data

The pound was stronger in relation to the US dollar and the yen Wednesday as equities markets climbed and on a new report showing that factory production in the UK was up 0.2 percent in April over May’s numbers.
This positive new data comes after recent reports showing that the UK services sector is up, house […]

June 9, 2009

Pound stronger on news, house price data

Story link: Pound stronger on news, house price data

The pound made gains Tuesday on the possibility that the political situation in the UK is stabilizing after Prime Minister Gordon Brown seemed to have ridden out calls for his resignation after losses in recent local elections and recent resignations of several ministers.
According to reports, Mr. Brown agreed during a meeting with members of the […]

June 8, 2009

Pound weaker amid continued political upheaval

Story link: Pound weaker amid continued political upheaval

The pound weakened during the day Monday on new calls for UK Prime Minister Gordon Brown to resign after his ruling Labour Party received just 15.7 percent of the votes in last week’s European Union elections.
It was the first time since 1918 that Labour lost to Conservatives in Wales.
Also hurting the pound, which nevertheless managed […]

June 5, 2009

Government resignations hurt pound

Story link: Government resignations hurt pound

The pound weakened Friday on more upheaval in the UK government and the Japanese yen was hurt on sentiment that risk appetite will increase, while the US dollar was stronger on better-than-expected jobs news.
More resignations by government officials in the UK and new calls for Prime Minister Gordon Brown to resign hurt the pound as […]

June 4, 2009

Pound hurt by PM resignation rumors

Story link: Pound hurt by PM resignation rumors

The pound weakened Thursday on rumors that Prime Minister Gordon Brown was to resign, speculation that was denied by a government spokesman.
Rumors of the resignation were prompted by the recent resignations of four members of Parliament over questions about personal spending, and came on the same day as local elections in the UK.
Meanwhile, the Bank […]


Daily World Currencies News from London		Wednesday 10th of March 2010
Major Currencies: GBP USD Euro Yen Other Currencies: Australian Dollar Canadian Dollar Czech Koruna Egyptian Pound Forint Israeli Shekel Krona Krone New Zealand Dollar Peso Rand Real Renminbi Rouble Rupee Singapore Dollar Slovak Koruna Swiss franc Turkish Lira Won Zloty	September 15, 2009 Yen weakens on US data Story link: Yen weakens on US data The Japanese yen weakened Tuesday as good news from US retailers spurred investors to look for riskier investments among higher-yielding currencies. US retail sales were up 2.7 percent in August; excluding auto sales, they were still up 1.1 percent in the month. In afternoon trade in New York, the yen traded at ¥90.955 to the US dollar […] September 11, 2009 USD weakens, rebounds after scare Story link: USD weakens, rebounds after scare The US dollar weakened Friday on decreased demand in favor of higher yielding currencies after a Reuters/University of Michigan survey showed US consumer sentiment at 70.2 in September, from 65.7 last month. The rise in sentiment sent investors looking for riskier investments at the expense of the lower-yielding dollar. However, the greenback gained back its decline versus […] September 8, 2009 Pound sees gains on factory data Story link: Pound sees gains on factory data The pound saw gains Tuesday after an unexpectedly large rise in U.K. factory output in July while at the same time Germany’s industrial production dropped by 0.9 percent in July from June when analysts had predicted that Germany’s output would rise by 1.6 percent in July. Factory output in the U.K. was up 0.9 percent in […] August 28, 2009 Yen weakens on data, risk chances Story link: Yen weakens on data, risk chances The yen was weaker Friday as Japan’s unemployment rate was reported at 5.7 percent in July and as consumer prices dropped 2.2 percent from last year. While the yen recovered slightly as the session progressed on a new US consumer confidence report, the new data on jobs and deflation seemed to point toward a greater possibility […] August 25, 2009 USD weaker versus yen, euro Story link: USD weaker versus yen, euro The US dollar weakened in relation to the euro and the yen Tuesday as US consumer confidence was reported up in August and as home prices fell less quickly, reducing demand for the greenback as a safe investment. The Conference Board reported that its consumer confidence index as at 54.1 in August, up from 47.4 in […] August 19, 2009 USD weaker on gains in NY equities Story link: USD weaker on gains in NY equities The US dollar was weaker Wednesday as US equities markets were up on higher oil prices and investors looked for riskier investments, but in afternoon trade the greenback looked like it was beginning to gain back some of its declines. At 1:46 p.m. in New York, the US currency traded at $1.4245 to the euro […] August 17, 2009 USD, yen stronger on risk aversion Story link: USD, yen stronger on risk aversion The US dollar and the yen strengthened Monday as investors avoided risk after Japan’s gross domestic product did not grow as much as had been hoped in the second quarter. Japan’s GDP added an annualized 3.7 percent in the second quarter, not as much growth as predicted but still an improvement over its 11.7 percent decline […] August 14, 2009 Euro weaker on lower consumer prices Story link: Euro weaker on lower consumer prices The euro was weaker versus the US dollar and the yen Friday on a report from the European office of statistics which showed that consumer prices in the European Union were down 0.7 percent from last year, while at the same time US consumer prices were unchanged in July from June but were down 2.1 […] August 12, 2009 Dollar lower ahead of Fed decision Story link: Dollar lower ahead of Fed decision The US dollar weakened a bit versus the euro on Wednesday ahead of announcement of a new decision on US interest rates by the Federal Reserve, due later in the day, in which the Fed is expected to hold rates steady for the time being. In late morning trade in New York, the dollar traded at […] August 11, 2009 Yen stronger on US, China data Story link: Yen stronger on US, China data The Japanese yen strengthened Tuesday as US equities markets declined and new data out of China showed fewer loans granted and less exports leaving China. New figures revealed that China exports were down 23 percent in July from July of last year. In mid-morning trade in New York, the yen traded at ¥135.6305 to the euro and […] July 8, 2009 Yen advances on earnings concerns Story link: Yen advances on earnings concerns The yen saw gains Wednesday as investors sought safe investments on concerns that corporate earnings will be down in the United States and after machinery orders dropped 3 percent in Japan in May from April. At nearly 11:30 a.m. in New York, the yen traded at ¥129.1869 versus the euro and at ¥93.105 to the US […] July 2, 2009 Euro declines after Trichet comments Story link: Euro declines after Trichet comments The euro declined in relation to the US dollar and the yen Thursday after European Central Bank President Jean-Claude Trichet said that economic recover will likely to begin in the region until the middle of next year. Mr. Trichet’s remarks came on the same day that the ECB held interest rates steady at 1 percent for […] June 29, 2009 Yen weaker as risk appetite grows Story link: Yen weaker as risk appetite grows The Japanese yen weakened Monday as investors’ risk appetite increased on a report from the European Commission that executive and consumer sentiment in the Eurozone was up to 73.3 in June, from 70.2 in May. The yen was also hurt by a report from Japan’s Trade Ministry that retail sales there dropped 2.8 percent in May […] June 16, 2009 Greenback weaker on data Story link: Greenback weaker on data The US dollar was weaker in relation to the euro Tuesday as sentiment improved in Germany and demand for the greenback as a safe investment declined after housing starts were reported higher in the US in May. The ZEW index of investor and analyst expectations stood at 44.8 this month, showing that German sentiment has risen […] June 15, 2009 Pound weaker versus USD, yen Story link: Pound weaker versus USD, yen The pound weakened versus the US dollar and the yen Monday after the Confederation of British Industry predicted that the UK economy will not return to growth until next year and said that the Bank of England might need to print more money. In addition, the pound was hurt by declines in equities markets. At just before […] June 10, 2009 Pound remains stronger on data Story link: Pound remains stronger on data The pound was stronger in relation to the US dollar and the yen Wednesday as equities markets climbed and on a new report showing that factory production in the UK was up 0.2 percent in April over May’s numbers. This positive new data comes after recent reports showing that the UK services sector is up, house […] June 9, 2009 Pound stronger on news, house price data Story link: Pound stronger on news, house price data The pound made gains Tuesday on the possibility that the political situation in the UK is stabilizing after Prime Minister Gordon Brown seemed to have ridden out calls for his resignation after losses in recent local elections and recent resignations of several ministers. According to reports, Mr. Brown agreed during a meeting with members of the […] June 8, 2009 Pound weaker amid continued political upheaval Story link: Pound weaker amid continued political upheaval The pound weakened during the day Monday on new calls for UK Prime Minister Gordon Brown to resign after his ruling Labour Party received just 15.7 percent of the votes in last week’s European Union elections. It was the first time since 1918 that Labour lost to Conservatives in Wales. Also hurting the pound, which nevertheless managed […] June 5, 2009 Government resignations hurt pound Story link: Government resignations hurt pound The pound weakened Friday on more upheaval in the UK government and the Japanese yen was hurt on sentiment that risk appetite will increase, while the US dollar was stronger on better-than-expected jobs news. More resignations by government officials in the UK and new calls for Prime Minister Gordon Brown to resign hurt the pound as […] June 4, 2009 Pound hurt by PM resignation rumors Story link: Pound hurt by PM resignation rumors The pound weakened Thursday on rumors that Prime Minister Gordon Brown was to resign, speculation that was denied by a government spokesman. Rumors of the resignation were prompted by the recent resignations of four members of Parliament over questions about personal spending, and came on the same day as local elections in the UK. Meanwhile, the Bank […] Next Page »
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