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 […]

June 3, 2009

USD strengthens after Bernanke comments

Story link: USD strengthens after Bernanke comments

The US dollar strengthened in relation to the euro Wednesday on comments from Federal Reserve Chairman Ben Bernanke that the US government cannot continue to borrow to cover deficits at the rate it is now doing so without hurting the economy in the long run.
Mr. Bernanke’s comments sent investors looking for safe investments, while the […]

June 1, 2009

Yen, USD weaker on risk appetite

Story link: Yen, USD weaker on risk appetite

The US dollar was weaker Monday after a report said that Chinese manufacturing activity remained in expansion for a third consecutive month in May, although the Chinese Federation of Logistics and Purchasing’s Purchasing Manager’s Index dropped to 53.1 in May from 53.5 in April.
A separate report from the Institute for Supply Management showed that US […]


Daily World Currencies News from London		Friday 03rd of September 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	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 […] June 3, 2009 USD strengthens after Bernanke comments Story link: USD strengthens after Bernanke comments The US dollar strengthened in relation to the euro Wednesday on comments from Federal Reserve Chairman Ben Bernanke that the US government cannot continue to borrow to cover deficits at the rate it is now doing so without hurting the economy in the long run. Mr. Bernanke’s comments sent investors looking for safe investments, while the […] June 1, 2009 Yen, USD weaker on risk appetite Story link: Yen, USD weaker on risk appetite The US dollar was weaker Monday after a report said that Chinese manufacturing activity remained in expansion for a third consecutive month in May, although the Chinese Federation of Logistics and Purchasing’s Purchasing Manager’s Index dropped to 53.1 in May from 53.5 in April. A separate report from the Institute for Supply Management showed that US […]
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