January 30, 2008

Yen weakens ahead of Fed decision

Story link: Yen weakens ahead of Fed decision

The yen was weaker on Wednesday ahead of the decision on interest rates from the US Federal Reserve, as most investors expected a rate cut, and with it gains in equities and a return to risky carry trades.
At almost 2 p.m. in New York, the yen traded at ¥107.2150 to the dollar, at ¥158.7371 to […]

April 30, 2007

Emerging market currencies weaken on Turkish political developments

Story link: Emerging market currencies weaken on Turkish political developments

Despite gains early in the session, the US dollar had weakened by mid-afternoon trade in New York as new data on inflation in March came in lower than expected and the rate of business activity in the Midwest in April was not as vigorous as had been anticipated. Analysts said that if a survey […]

March 29, 2007

Euro gains on US dollar, sterling but declines versus zloty

Story link: Euro gains on US dollar, sterling but declines versus zloty

The yen weakened on Thursday after equities markets in the Asian region returned to gains after widespread declines on Wednesday. Falling markets yesterday, combined with nervousness over the ongoing standoff between Iran and the UK over the capture of 15 British sailors last week led to an exodus from risk that had helped the […]

March 19, 2007

Euro candidate currencies gain on shared currency

Story link: Euro candidate currencies gain on shared currency

After gaining early in the session after China raised its interest rates on borrowing and lending by 27 basis points over the weekend, the Japanese yen weakened later in the session on gains by Asian equities markets. The yen dropped 0.5 percent to ¥156.30 versus the euro, while it fell 0.7 percent against the […]

August 14, 2006

Major currencies see little movement

Story link: Major currencies see little movement

Major currencies saw little movement on Monday while emerging currencies declined amid a lack of new data. Some analysts put the losses to profit-taking, while others cited Friday�s healthy retail sales data from the United States and accompanying talk of further interest rate rises there.
The Polish zloty and the Czech koruna each dropped 0.3 […]

August 3, 2006

Sterling up on unexpected rate hike

Story link: Sterling up on unexpected rate hike

The Bank of England�s decision to raise interest rates in the UK strengthened sterling on Thursday. The surprising nature of the hike - most analysts did not expect the Monetary Policy Committee to raise rates this month - meant an extra boost for the UK currency.
Sterling added 0.5 percent in relation to both the […]

July 11, 2006

Syria announces abandonment of peg to US dollar

Story link: Syria announces abandonment of peg to US dollar

The Canadian dollar saw declines on Tuesday as the Bank of Canada not only elected to keep interest rates at their current level, but issued comments leading most analysts to the conclusion that no new rate hikes will be coming anytime soon and that the loonie will not strengthen significantly for some time.
The Canadian currency […]

June 15, 2006

Hungary’s credit rating cut, forint drops 1.2 percent

Story link: Hungary’s credit rating cut, forint drops 1.2 percent

The US dollar weakened for the second day in a row on Thursday as the US Treasury said that net inflows in April were a mere $46.7 billion in April, well below March inflows of $70.4 billion and the April forecast of $60 billion and not nearly enough to cover the $63.4 billion April trade […]

Hungary’s credit rating cut, forint drops 1.2 percent

Story link: Hungary’s credit rating cut, forint drops 1.2 percent

The US dollar weakened for the second day in a row on Thursday as the US Treasury said that net inflows in April were a mere $46.7 billion in April, well below March inflows of $70.4 billion and the April forecast of $60 billion and not nearly enough to cover the $63.4 billion April trade […]

March 22, 2006

Yen higher; dollar steady

Story link: Yen higher; dollar steady

Most major currencies were very nearly unchanged on the day Wednesday, leaving the Japanese yen as the only major currency to make substantial moves on the day. The yen advanced despite comments from the governor of the Bank of Japan which indicated that interest rates will not go up in the foreseeable future.
The yen […]

March 20, 2006

Yen declines while US dollar holds steady

Story link: Yen declines while US dollar holds steady

The Japanese yen lost value against major currencies on Monday after having made gains early in the session. The decline was blamed on technical factors and on the fact that Japanese importers had engaged in significant selling of yen and purchase of US dollars ahead of a public holiday. Also a possible factor […]

February 22, 2006

Emerging currencies decline

Story link: Emerging currencies decline

The decline of the Icelandic krona by 4.6 percent in relation to the US dollar on Tuesday sent a number of emerging and high-yield currencies down on Wednesday morning as investors reacted to the krona�s decline. Tuesday�s drop in the krona led Fitch to lower Iceland�s country rating to �negative� from �stable� due to […]

October 11, 2005

Euro down in relation to US dollar, European currencies

Story link: Euro down in relation to US dollar, European currencies

The euro was weaker on Tuesday amid concerns that the new coalition government in Germany will not go forward with reforms in the tax system and labor market there.
The US dollar gained 0.5 percent to $1.2007 in relation to the euro while traders awaited the release of the minutes of the September 20 meeting of […]

October 10, 2005

Euro reacts to new German chancellor

Story link: Euro reacts to new German chancellor

Currency trading was slow on Monday as holidays in the US, Canada, and Japan kept the forex markets relatively quiet. The market is expecting the release of several reports this week that will further clarify the effect of Hurricanes Katrina and Rita on the US economy. Currency traders are also anticipating the Federal […]

October 7, 2005

Euro up on week; Polish currency uneasy ahead of election

Story link: Euro up on week; Polish currency uneasy ahead of election

The US dollar saw some gains on Friday after a Labor Department report showed that not as many jobs as had been feared were lost to Hurricanes Katrina and Rita in September. However, traders were moved to sell US dollars as worries mounted over the narrowing of bond yields between the US and Europe, […]

September 28, 2005

US dollar, sterling mixed; Eastern European currencies down

Story link: US dollar, sterling mixed; Eastern European currencies down

The US dollar saw slightly mixed results on Wednesday, falling fractionally to $1.2010 in relation to the euro and ending flat against the yen at �113.29 after having fallen to �112.88 earlier in the day.
Sentiment about the dollar and the effect that Hurricane Katrina will ultimately have on it, however, has turned from dollar-negative in […]

September 26, 2005

US dollar slightly stronger; Asian currencies lower

Story link: US dollar slightly stronger; Asian currencies lower

The US dollar gained 0.1 percent to $1.2056 in relation to the euro on Monday, and it was also up 0.1 percent to �112.26 versus the yen.
The dollar�s strength was based on a sense of relief that the damage caused by Hurricane Rita was less than many had feared it would be, and especially that […]

September 22, 2005

Euro weaker on low bond yields; sterling down; US dollar effected by new hurricane

Story link: Euro weaker on low bond yields; sterling down; US dollar effected by new hurricane

The euro was not able to hold early gains against the US dollar on Thursday after bond yields in Europe fell to an all-time low, below 3 percent. Lingering uncertainty following the elections in Germany also had an effect, as did the resignation of Italy�s finance minister.
The euro had been up to $1.2269 in […]

June 27, 2005

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 […]


Daily World Currencies News from London		Friday 12th 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	January 30, 2008 Yen weakens ahead of Fed decision Story link: Yen weakens ahead of Fed decision The yen was weaker on Wednesday ahead of the decision on interest rates from the US Federal Reserve, as most investors expected a rate cut, and with it gains in equities and a return to risky carry trades. At almost 2 p.m. in New York, the yen traded at ¥107.2150 to the dollar, at ¥158.7371 to […] April 30, 2007 Emerging market currencies weaken on Turkish political developments Story link: Emerging market currencies weaken on Turkish political developments Despite gains early in the session, the US dollar had weakened by mid-afternoon trade in New York as new data on inflation in March came in lower than expected and the rate of business activity in the Midwest in April was not as vigorous as had been anticipated. Analysts said that if a survey […] March 29, 2007 Euro gains on US dollar, sterling but declines versus zloty Story link: Euro gains on US dollar, sterling but declines versus zloty The yen weakened on Thursday after equities markets in the Asian region returned to gains after widespread declines on Wednesday. Falling markets yesterday, combined with nervousness over the ongoing standoff between Iran and the UK over the capture of 15 British sailors last week led to an exodus from risk that had helped the […] March 19, 2007 Euro candidate currencies gain on shared currency Story link: Euro candidate currencies gain on shared currency After gaining early in the session after China raised its interest rates on borrowing and lending by 27 basis points over the weekend, the Japanese yen weakened later in the session on gains by Asian equities markets. The yen dropped 0.5 percent to ¥156.30 versus the euro, while it fell 0.7 percent against the […] August 14, 2006 Major currencies see little movement Story link: Major currencies see little movement Major currencies saw little movement on Monday while emerging currencies declined amid a lack of new data. Some analysts put the losses to profit-taking, while others cited Friday�s healthy retail sales data from the United States and accompanying talk of further interest rate rises there. The Polish zloty and the Czech koruna each dropped 0.3 […] August 3, 2006 Sterling up on unexpected rate hike Story link: Sterling up on unexpected rate hike The Bank of England�s decision to raise interest rates in the UK strengthened sterling on Thursday. The surprising nature of the hike - most analysts did not expect the Monetary Policy Committee to raise rates this month - meant an extra boost for the UK currency. Sterling added 0.5 percent in relation to both the […] July 11, 2006 Syria announces abandonment of peg to US dollar Story link: Syria announces abandonment of peg to US dollar The Canadian dollar saw declines on Tuesday as the Bank of Canada not only elected to keep interest rates at their current level, but issued comments leading most analysts to the conclusion that no new rate hikes will be coming anytime soon and that the loonie will not strengthen significantly for some time. The Canadian currency […] June 15, 2006 Hungary’s credit rating cut, forint drops 1.2 percent Story link: Hungary’s credit rating cut, forint drops 1.2 percent The US dollar weakened for the second day in a row on Thursday as the US Treasury said that net inflows in April were a mere $46.7 billion in April, well below March inflows of $70.4 billion and the April forecast of $60 billion and not nearly enough to cover the $63.4 billion April trade […] Hungary’s credit rating cut, forint drops 1.2 percent Story link: Hungary’s credit rating cut, forint drops 1.2 percent The US dollar weakened for the second day in a row on Thursday as the US Treasury said that net inflows in April were a mere $46.7 billion in April, well below March inflows of $70.4 billion and the April forecast of $60 billion and not nearly enough to cover the $63.4 billion April trade […] March 22, 2006 Yen higher; dollar steady Story link: Yen higher; dollar steady Most major currencies were very nearly unchanged on the day Wednesday, leaving the Japanese yen as the only major currency to make substantial moves on the day. The yen advanced despite comments from the governor of the Bank of Japan which indicated that interest rates will not go up in the foreseeable future. The yen […] March 20, 2006 Yen declines while US dollar holds steady Story link: Yen declines while US dollar holds steady The Japanese yen lost value against major currencies on Monday after having made gains early in the session. The decline was blamed on technical factors and on the fact that Japanese importers had engaged in significant selling of yen and purchase of US dollars ahead of a public holiday. Also a possible factor […] February 22, 2006 Emerging currencies decline Story link: Emerging currencies decline The decline of the Icelandic krona by 4.6 percent in relation to the US dollar on Tuesday sent a number of emerging and high-yield currencies down on Wednesday morning as investors reacted to the krona�s decline. Tuesday�s drop in the krona led Fitch to lower Iceland�s country rating to �negative� from �stable� due to […] October 11, 2005 Euro down in relation to US dollar, European currencies Story link: Euro down in relation to US dollar, European currencies The euro was weaker on Tuesday amid concerns that the new coalition government in Germany will not go forward with reforms in the tax system and labor market there. The US dollar gained 0.5 percent to $1.2007 in relation to the euro while traders awaited the release of the minutes of the September 20 meeting of […] October 10, 2005 Euro reacts to new German chancellor Story link: Euro reacts to new German chancellor Currency trading was slow on Monday as holidays in the US, Canada, and Japan kept the forex markets relatively quiet. The market is expecting the release of several reports this week that will further clarify the effect of Hurricanes Katrina and Rita on the US economy. Currency traders are also anticipating the Federal […] October 7, 2005 Euro up on week; Polish currency uneasy ahead of election Story link: Euro up on week; Polish currency uneasy ahead of election The US dollar saw some gains on Friday after a Labor Department report showed that not as many jobs as had been feared were lost to Hurricanes Katrina and Rita in September. However, traders were moved to sell US dollars as worries mounted over the narrowing of bond yields between the US and Europe, […] September 28, 2005 US dollar, sterling mixed; Eastern European currencies down Story link: US dollar, sterling mixed; Eastern European currencies down The US dollar saw slightly mixed results on Wednesday, falling fractionally to $1.2010 in relation to the euro and ending flat against the yen at �113.29 after having fallen to �112.88 earlier in the day. Sentiment about the dollar and the effect that Hurricane Katrina will ultimately have on it, however, has turned from dollar-negative in […] September 26, 2005 US dollar slightly stronger; Asian currencies lower Story link: US dollar slightly stronger; Asian currencies lower The US dollar gained 0.1 percent to $1.2056 in relation to the euro on Monday, and it was also up 0.1 percent to �112.26 versus the yen. The dollar�s strength was based on a sense of relief that the damage caused by Hurricane Rita was less than many had feared it would be, and especially that […] September 22, 2005 Euro weaker on low bond yields; sterling down; US dollar effected by new hurricane Story link: Euro weaker on low bond yields; sterling down; US dollar effected by new hurricane The euro was not able to hold early gains against the US dollar on Thursday after bond yields in Europe fell to an all-time low, below 3 percent. Lingering uncertainty following the elections in Germany also had an effect, as did the resignation of Italy�s finance minister. The euro had been up to $1.2269 in […] June 27, 2005 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 […]
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Major Currencies:

Other Currencies:

Yen weakens ahead of Fed decision

Emerging market currencies weaken on Turkish political developments

Euro gains on US dollar, sterling but declines versus zloty

Euro candidate currencies gain on shared currency

Major currencies see little movement

Sterling up on unexpected rate hike

Syria announces abandonment of peg to US dollar

Hungary’s credit rating cut, forint drops 1.2 percent

Hungary’s credit rating cut, forint drops 1.2 percent

Yen higher; dollar steady

Yen declines while US dollar holds steady

Emerging currencies decline

Euro down in relation to US dollar, European currencies

Euro reacts to new German chancellor

Euro up on week; Polish currency uneasy ahead of election

US dollar, sterling mixed; Eastern European currencies down

US dollar slightly stronger; Asian currencies lower

Euro weaker on low bond yields; sterling down; US dollar effected by new hurricane

Oil weakens yen