Currency trading slow on interest rate expectations
Story link: Currency trading slow on interest rate expectations

Currencies trading was slow in much of the world on Thursday as investors waited for word on whether the US Federal Reserve would raise US interest rates yet again as expected.
The yen was down ¥0.3 to ¥110.65 against the US dollar on figures showing that in the week ending June 24, Japanese investors […]
Stirling weakened by interest cut speculation
Story link: Stirling weakened by interest cut speculation

Sterling lost value in relation to the US dollar, the euro, the Swiss franc, and the yen on Wednesday, mostly due to bad news from the retail sector.
Sterling fell 0.9 percent to $1.7997 in relation to the US dollar, an eight-month low, before recovering to $1.8007.
The UK currency also lost 0.8 percent […]
USD advances on interest rate expectations
Story link: USD advances on interest rate expectations

The US dollar advanced in relation to the euro and sterling on Tuesday in anticipation of an expected rise in interest rates during the meeting of the US Federal Reserve, which began today.
The dollar advanced 0.7 percent to $1.2073 against the euro. It also gained 0.7 percent against sterling, to $1.8160. […]
Oil weakens yen
Story link: Oil weakens yen

In Japan on Monday, the yen was down a fraction in relation to the US dollar and sterling.
Rising oil prices had a lot to do with the weakness of the yen as analysts fear that higher oil prices will diminish Japan’s trade surplus.
The continuing saga of Chinese revaluation was also a […]
Expectations continue on euro interest rate cut
Story link: Expectations continue on euro interest rate cut

In world currencies on Thursday, the euro was down again against the US dollar and sterling, while sterling and the yen lost ground against the US dollar.
Sterling did gain in relation to the euro, rising 0.4 percent to £0.6629. The British currency lost 0.2 percent to $1.8181 in relation to the US […]
Euro and sterling down on interest rate speculation
Story link: Euro and sterling down on interest rate speculation

The euro lost 0.5 percent in relation to the US dollar on Wednesday, to $1.2120, on continued speculation that the European Central Bank is on the brink of cutting interest rates. Some analysts thing, however, that this assumption is misplaced.
Much of the speculation is centering around the move by Riksbank to cut […]
Swedish cuts unbalance weak euro
Story link: Swedish cuts unbalance weak euro

The Swedish krona lost 0.1 percent against the Norwegian krone on Tuesday to SKr1.1756 in reaction to a cut in Sweden’s interest rates to 1.5 percent by Riksbank, as well as due to the bank’s reduction of its economic growth forecast for Sweden for 2005.
An earlier forecast called for growth of 3.2 percent […]
Dollar on rise again while euro falls to discord
Story link: Dollar on rise again while euro falls to discord

The US dollar advanced 0.6 percent to ¥109.40 in relation to the yen on Monday.
It also rose against the Swiss franc, gaining 0.8 percent to SFr1.2724. The Australian dollar, however, held steady against the US dollar at $9.7762.
The New Zealand dollar also stood pat at $0.7152 in relation to the US dollar. Sterling […]
USD falls on negative economic data
Story link: USD falls on negative economic data

The US dollar had a rough week as negative data finally stopped its rally. It was hit by a series of negative news this week, including data showing that capital inflows in April did not cover the deficit for the month, the second time in a row that this has happened. Also, both consumer and […]
Dollar steady as euro falls again
Story link: Dollar steady as euro falls again

The US dollar saw little change against the yen on Thursday, to sit at ¥109.07. It was also little changed in relation to sterling at $1.8231. It also was down against the Australian and New Zealand dollars, hit one month lows against both currencies. It fell 0.3 percent to $0.7722in relation to the Australian […]
Dollar loses ground on currency markets
Story link: Dollar loses ground on currency markets

The dollar lost 0.6 percent to $1.2106 in relation to the euro on Wednesday. It also fell against the yen, sterling, and the Canadian dollar, falling 0.1 percent in relation to the yen to ¥109.29, falling 0.8 percent to $1.8211 against sterling, and losing a full 1 percent to $1.2392 against the Canadian dollar. […]
Markets say euro fall over
Story link: Markets say euro fall over

The value of the euro rose initially on Tuesday, mostly based on US economic data such as lower retail sales figures for May and slightly lower producer price inflation data, but then it fell again later in the day.
A number of analysts, however, believe that the euro is nearly through falling in relation […]
US dollar continues up on economic data
Story link: US dollar continues up on economic data

The US dollar was up 0.6 percent to $1.2937 against the euro on Monday, a nine-month high, and an increase of 10.7 percent on the euro since March.
The dollar also rose in relation to sterling, rising 0.5 percent to $1.8020, while gaining 0.9 percent to ¥109.58 in relation to the yen and going […]
Euro in decline while dollar strengthens
Story link: Euro in decline while dollar strengthens

The euro continued to decline against other currencies on Friday, falling 0.8 percent for the week to $1.2130 in relation to the US dollar, a nine-month low.
It also declined 0.1 percent for the week to a one-year low of ¥131.51 against the yen. The euro also fell 0.8 percent on the week in […]
Dollar strengthens against euro and yen
Story link: Dollar strengthens against euro and yen

The dollar was up on Thursday in relation to the euro, the yen, sterling, and the Canadian dollar on Thursday.
The dollar was up 0.4 percent against the euro to $1.2177. It was rose by 0.5 percent against the yen to ¥107.76, gained 0.3 percent to $1.8176 against sterling, and advanced by 0.5 […]
Euro rises from lows as yen beset by political concerns
Story link: Euro rises from lows as yen beset by political concerns

the euro saw gains against the dollar, the yen, and sterling. Turning around recent declines that took it to record lows, the euro rose 0.2 percent to $1.2304 against the dollar; it has gained 1.1 percent on the dollar since it reached an 8-month low last week.
The euro was up 0.4 percent […]
Forex markets move on weakening dollar
Story link: Forex markets move on weakening dollar

The Norwegian krone was up 0.2 percent in relation to the euro to NKr7.8573 on Tuesday. That figure was a new 2-year high as well as a gain of 3.4 percent since May 20 for the Norwegian currency.
The newest gains came on above-expected first-quarter GDP growth of 0.9 percent and on a rise […]
Yen strong while euro and dollar weaken
Story link: Yen strong while euro and dollar weaken

The US dollar was down in relation to almost all currencies on Monday.
The exception was the Brazilian real, which fell 1.9 percent in relation to the dollar amid sell-offs in reaction to a political corruption scandal in which the Brazilian Workers Party has been accused to paying congressmen to support its programs.
The […]
Euro loses face in Italy
Story link: Euro loses face in Italy

The euro fell to $1.2233 in relation to the US dollar in early trading on Friday before recovering to $1.2280 later in the day.
The early decline was spurred by comments from Roberto Maroni, Italy’s welfare minister, indicating his belief that Italy should reinstate the lira to circulate in addition to the euro. […]
Euro rises after recent falls
Story link: Euro rises after recent falls

The euro looked like it was stabilizing on Thursday as it rose 0.5 percent in relation to the dollar to $1.2263 after it fell to an eight-month low of $1.2168 overnight on the news that Dutch voters had rejected the European Union constitution on Wednesday.
Some analysts think the dollar will soon continue […]