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 […]

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 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 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 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 […]

May 20, 2009

USD weaker on declining volatility

Story link: USD weaker on declining volatility

The US dollar weakened Wednesday on the possibility that economic conditions will promote investor interest in higher-yield currencies.
Declines for the greenback came as volatility in equities and currencies markets declined, with volatility indexes in both Chicago and in Europe at their lowest levels in 8 months.
In afternoon trade in New York, the dollar traded at […]

May 18, 2009

Yen weakens on comments, debt-level ratings

Story link: Yen weakens on comments, debt-level ratings

The Japanese yen weakened Monday on comments from Japan’s Vice Finance Minister that “excessive” moves by the currency could be bad for the nation’s economy and on a move by Moody’s Investors service to set both Japan’s local and foreign-currency debt levels at Aa2.
At just past 11 a.m. in New York, the yen traded at […]

May 6, 2009

US jobs report raises risk appetite

Story link: US jobs report raises risk appetite

The US dollar was weaker in relation to the Australian dollar Wednesday after a private report said that the US lost fewer jobs last month than had been expected, making investors more confidence in seeking out risky trades for higher-yielding currencies.
ADP Employer Services said that the US dropped 491,000 jobs in April, over 150,000 fewer […]

May 1, 2009

Yen, USD weaker, pound gains on manufacturing data

Story link: Yen, USD weaker, pound gains on manufacturing data

The Japanese yen and the US dollar both weakened Friday as investors continued to purchase higher-yielding currencies as new reports indicated that the global economy might be beginning to recover from the recession.
The Chinese Federation of Logistics and Purchasing reported that its Purchasing Manager’s Index was up to 53.5 in April, from 52.4 in March, […]

April 27, 2009

Flu worries hurt peso

Story link: Flu worries hurt peso

The Mexican peso was hurt by the spreading swine flu outbreak there on concerns that the economy will be hurt by fewer tourists and less consumer spending as those concerned about contracting the disease stay home.
It is feared that reduced tourism will hurt the economy, which depends on tourist dollars as its third most […]

April 20, 2009

Euro weakens on rate controversy

Story link: Euro weakens on rate controversy

The euro was weaker Monday on perceived disagreements among officials of the European Central Bank concerning how low Eurozone interest rates might fall.
Meanwhile, the Australian and New Zealand dollars were lower as investors looked to the US dollar and the yen as safe investments, at least partly on concerns surrounding the apparent disagreement among ECB […]

April 9, 2009

Yen weakens as equities gain

Story link: Yen weakens as equities gain

The Japanese yen weakened Thursday as equities markets made gains, encouraging investors to pursue risky currencies trades, many of which are financed by the low-yielding yen.
In late morning trade in New York the yen traded at ¥132.4119 to the euro, at ¥100.355 to the US dollar, at ¥15.0838 to the Norwegian krone, at ¥71.76 to […]

April 8, 2009

Yen strengthens on risk avoidance

Story link: Yen strengthens on risk avoidance

The Japanese yen strengthened Wednesday on a flight from risk after the first of the quarterly reports from corporations were disappointing and on new data from Europe, but expectations that Japan will report another drop in machinery orders tomorrow could limit the currency’s gains.
At just past 11 a.m. in New York the yen traded […]

April 6, 2009

Yen declines on hopes for economy

Story link: Yen declines on hopes for economy

The yen was lower Monday as improved sentiment on hopes that the worst of the economic crisis could be over sent investors looking for more risk, although by late morning trade in New York, the Japanese currency had gained back some of its earlier losses.
At around 11:30 a.m. in New York, the yen traded at […]

March 31, 2009

Yen weaker ahead of Tankan survey

Story link: Yen weaker ahead of Tankan survey

The Japanese yen was weaker Tuesday as equities markets recovered from Monday’s big declines, making investors a little more willing to seek out risky currency deals, often financed with the low-yielding yen.
Also hurting the yen’s value was anticipation of the Bank of Japan’s quarterly Tankan survey, which is expected to show that Japanese business confidence […]

March 23, 2009

Yen, USD weaken on risk sentiment

Story link: Yen, USD weaken on risk sentiment

The yen and the US dollar were weaker Monday as US government initiatives to help the economy pointed toward more willingness by investors to make risky investments and as equities markets gains also helped sentiment.
The US Treasury announced a Public-Private Investment Program to buy troubled assets, using money from the Troubled Asset Relief Program (TARP) […]

March 13, 2009

Swiss currency weaker on intervention

Story link: Swiss currency weaker on intervention

The Swiss franc was weaker again Friday as the Swiss National Bank continued to intervene to weaken the currency, taking the Swiss currency to its biggest weekly decline versus the euro since 1999.
The intervention came after the franc’s value had risen enough to make Swiss products less competitive in European and US markets.
Manufacturing activity has […]

March 10, 2009

Pound weaker on home sales, manufacturing reports

Story link: Pound weaker on home sales, manufacturing reports

The pound weakened against most currencies Tuesday on more bad economic news for the UK.
The Royal Institution of Chartered Surveyors reported that the average number of transactions per estate agent fell to 9.5 in the three months ending in February, the worst in the thirty years since records have been kept.
In addition, a separate report […]

March 6, 2009

Yen, USD weaker on US jobs news

Story link: Yen, USD weaker on US jobs news

The Japanese yen and the US dollar both weakened Friday after the US Labor Department reported that the US economy lost 651,000 jobs in February, fewer than were eliminated in January and about the number expected by analysts.
The US unemployment rate grew to 8.1 percent in February, from 7.6 percent in January and the highest […]


Daily World Currencies News from London		Thursday 11th 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 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 […] 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 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 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 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 […] May 20, 2009 USD weaker on declining volatility Story link: USD weaker on declining volatility The US dollar weakened Wednesday on the possibility that economic conditions will promote investor interest in higher-yield currencies. Declines for the greenback came as volatility in equities and currencies markets declined, with volatility indexes in both Chicago and in Europe at their lowest levels in 8 months. In afternoon trade in New York, the dollar traded at […] May 18, 2009 Yen weakens on comments, debt-level ratings Story link: Yen weakens on comments, debt-level ratings The Japanese yen weakened Monday on comments from Japan’s Vice Finance Minister that “excessive” moves by the currency could be bad for the nation’s economy and on a move by Moody’s Investors service to set both Japan’s local and foreign-currency debt levels at Aa2. At just past 11 a.m. in New York, the yen traded at […] May 6, 2009 US jobs report raises risk appetite Story link: US jobs report raises risk appetite The US dollar was weaker in relation to the Australian dollar Wednesday after a private report said that the US lost fewer jobs last month than had been expected, making investors more confidence in seeking out risky trades for higher-yielding currencies. ADP Employer Services said that the US dropped 491,000 jobs in April, over 150,000 fewer […] May 1, 2009 Yen, USD weaker, pound gains on manufacturing data Story link: Yen, USD weaker, pound gains on manufacturing data The Japanese yen and the US dollar both weakened Friday as investors continued to purchase higher-yielding currencies as new reports indicated that the global economy might be beginning to recover from the recession. The Chinese Federation of Logistics and Purchasing reported that its Purchasing Manager’s Index was up to 53.5 in April, from 52.4 in March, […] April 27, 2009 Flu worries hurt peso Story link: Flu worries hurt peso The Mexican peso was hurt by the spreading swine flu outbreak there on concerns that the economy will be hurt by fewer tourists and less consumer spending as those concerned about contracting the disease stay home. It is feared that reduced tourism will hurt the economy, which depends on tourist dollars as its third most […] April 20, 2009 Euro weakens on rate controversy Story link: Euro weakens on rate controversy The euro was weaker Monday on perceived disagreements among officials of the European Central Bank concerning how low Eurozone interest rates might fall. Meanwhile, the Australian and New Zealand dollars were lower as investors looked to the US dollar and the yen as safe investments, at least partly on concerns surrounding the apparent disagreement among ECB […] April 9, 2009 Yen weakens as equities gain Story link: Yen weakens as equities gain The Japanese yen weakened Thursday as equities markets made gains, encouraging investors to pursue risky currencies trades, many of which are financed by the low-yielding yen. In late morning trade in New York the yen traded at ¥132.4119 to the euro, at ¥100.355 to the US dollar, at ¥15.0838 to the Norwegian krone, at ¥71.76 to […] April 8, 2009 Yen strengthens on risk avoidance Story link: Yen strengthens on risk avoidance The Japanese yen strengthened Wednesday on a flight from risk after the first of the quarterly reports from corporations were disappointing and on new data from Europe, but expectations that Japan will report another drop in machinery orders tomorrow could limit the currency’s gains. At just past 11 a.m. in New York the yen traded […] April 6, 2009 Yen declines on hopes for economy Story link: Yen declines on hopes for economy The yen was lower Monday as improved sentiment on hopes that the worst of the economic crisis could be over sent investors looking for more risk, although by late morning trade in New York, the Japanese currency had gained back some of its earlier losses. At around 11:30 a.m. in New York, the yen traded at […] March 31, 2009 Yen weaker ahead of Tankan survey Story link: Yen weaker ahead of Tankan survey The Japanese yen was weaker Tuesday as equities markets recovered from Monday’s big declines, making investors a little more willing to seek out risky currency deals, often financed with the low-yielding yen. Also hurting the yen’s value was anticipation of the Bank of Japan’s quarterly Tankan survey, which is expected to show that Japanese business confidence […] March 23, 2009 Yen, USD weaken on risk sentiment Story link: Yen, USD weaken on risk sentiment The yen and the US dollar were weaker Monday as US government initiatives to help the economy pointed toward more willingness by investors to make risky investments and as equities markets gains also helped sentiment. The US Treasury announced a Public-Private Investment Program to buy troubled assets, using money from the Troubled Asset Relief Program (TARP) […] March 13, 2009 Swiss currency weaker on intervention Story link: Swiss currency weaker on intervention The Swiss franc was weaker again Friday as the Swiss National Bank continued to intervene to weaken the currency, taking the Swiss currency to its biggest weekly decline versus the euro since 1999. The intervention came after the franc’s value had risen enough to make Swiss products less competitive in European and US markets. Manufacturing activity has […] March 10, 2009 Pound weaker on home sales, manufacturing reports Story link: Pound weaker on home sales, manufacturing reports The pound weakened against most currencies Tuesday on more bad economic news for the UK. The Royal Institution of Chartered Surveyors reported that the average number of transactions per estate agent fell to 9.5 in the three months ending in February, the worst in the thirty years since records have been kept. In addition, a separate report […] March 6, 2009 Yen, USD weaker on US jobs news Story link: Yen, USD weaker on US jobs news The Japanese yen and the US dollar both weakened Friday after the US Labor Department reported that the US economy lost 651,000 jobs in February, fewer than were eliminated in January and about the number expected by analysts. The US unemployment rate grew to 8.1 percent in February, from 7.6 percent in January and the highest […] Next Page »
Currency News © 2005-2008 Brite Media. All rights reserved \| About \| Disclaimer \| XML Feed \| Contact

Major Currencies:

Other Currencies: