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 […]

March 16, 2009

Euro, pound see gains on news

Story link: Euro, pound see gains on news

The euro and the pound both gained on the US dollar on Monday, while the greenback was also lower versus the Swedish krona and the Korean won as equities markets gained, inducing more investors to look for riskier currency trades.
The pound made its gains as Barclays Bank (LSE: BARC; NYSE: BCS; TYO: 8642) said it […]

October 9, 2008

Yen lower as rate cuts take hold

Story link: Yen lower as rate cuts take hold

The Japanese yen reversed recent gains and weakened versus the US dollar, the euro, the Australian dollar and the New Zealand dollar Thursday after interest in carry trades revived on interest rate cuts from several Western and Asian central banks yesterday and today.
At right around noon in New York the yen traded at ¥100.68 […]

September 18, 2008

USD down versus euro

Story link: USD down versus euro

The US dollar declined versus the euro and then yen declined on slightly increased appetite for higher-yielding currencies after the US Federal Reserve authorized other central banks to auction dollar to banks.
Also hurt by a second day of gains in oil prices and an unexpected gain in first-time jobless claims to 455,000 last week, the […]

September 12, 2008

USD weaker on sales, producer price data

Story link: USD weaker on sales, producer price data

The US dollar weakened Friday as both retail sales and producer prices declined more than expected in August.
The Commerce Department reported that retail sales were 0.3 percent lower in August, while the Labor Department said that producer prices fell 0.9 percent during the month.
Additionally, the possibility that the Federal Reserve could cut US interest rates […]

May 19, 2008

Conference Board index helps USD

Story link: Conference Board index helps USD

The US dollar strengthened in relation to the euro and the yen Monday, overcoming earlier weakness stemming from worries about US consumer confidence.
Gains for the greenback came on strength in global equities markets and on a gain in leading US economic indicators after the Conference Board’s index of leading indicators added 0.1 percent in April […]

May 16, 2008

Consumer confidence, oil prices hit dollar

Story link: Consumer confidence, oil prices hit dollar

The US dollar was weaker versus the euro and the yen on Friday on a decline in US consumer confidence and another spike in crude oil prices.
The Reuters/University of Michigan survey on consumer confidence was at 59.5 in May, down from 62.6 in April, the lowest it has been in nearly 28 years.
Meanwhile, crude oil […]

April 14, 2008

Dollar weakens; pound up on producer prices

Story link: Dollar weakens; pound up on producer prices

The US dollar was weaker versus the euro after earlier gains Monday while the pound saw gains on a report of higher producer prices in the UK.
The dollars declines came after a G-7 report that warned that fluctuations in exchange rates could hurt the global economy but did not mention any initiatives to support the […]

December 19, 2007

Pound weakens on interest rate possibilities

Story link: Pound weakens on interest rate possibilities

The pound weakened versus the US dollar on Wednesday on the continuing possibility that the Bank of England will cut interest rates again soon in order to protect the UK economy from slowing.
These concerns were amplified by the release of the minutes of the last meeting of the Bank’s Monetary Policy Committee, which showed that […]

June 22, 2007

Bank moves affect currencies markets on week

Story link: Bank moves affect currencies markets on week

The New Zealand dollar was lifted by interest rates and carry trades activity this week despite rumored attempts by the Reserve Bank of New Zealand to intervene early in the week to slow its ascent. The kiwi added 1.6 percent to $0.7680 versus the US dollar, while it gained 2.1 percent versus the […]

June 20, 2007

Sterling stronger after MPC minutes

Story link: Sterling stronger after MPC minutes

Sterling strengthened on Wednesday after the Bank of England released the minutes from this month’s Monetary Policy Committee meeting. The minutes showed that the decision on interest rates was a close one, with 5 committee members voting to hold rates steady and four members, including the Bank’s governor, voting to raise rates. Analysts […]

June 12, 2007

Sterling gains on Bank of England governor’s remarks

Story link: Sterling gains on Bank of England governor’s remarks

Sterling was stronger on Tuesday after the governor of the Bank of England said that inflation remains a risk to the UK economy and that interest rates will need to be raised again unless growth in earnings and credit subsides and constraints to capacity are overcome. His comments had more sway with investors than […]

March 15, 2007

Fitch downgrades Icelandic krona

Story link: Fitch downgrades Icelandic krona

The Japanese yen was weaker on Thursday as equities markets gained ground. The yen has risen with the faltering fortunes of equities markets recently as investors rush to decrease their exposure to risky investments. The yen dropped 0.3 percent against both the US dollar and sterling, to ¥117.40 and ¥227.10 respectively, while it […]

February 26, 2007

US dollar weakens as yen strengthens

Story link: US dollar weakens as yen strengthens

The US dollar weakened on Monday, dropping in relation to the euro and the yen. Analysts were divided on the reason for the decline. Some attributed it to continued worries over the standoff between Iran and the West over the Middle Eastern nation�s insistence on carrying on with its uranium enrichment program. […]

September 15, 2006

Swiss franc declines on rate hike

Story link: Swiss franc declines on rate hike

The US dollar strengthened somewhat on Friday after new consumer price inflation data showed that consumer inflation was up 0.2 percent month-on-month, putting the annual core inflation rate at 2.8 percent, about what had been expected. Meanwhile a consumer sentiment survey by the University of Michigan showed that the mood of US consumers was […]

September 7, 2006

Yen strengthens in advance of G7 meeting

Story link: Yen strengthens in advance of G7 meeting

The Japanese yen strengthened on Thursday ahead of a meeting of the G7 scheduled for late next week in Singapore, where the International Monetary Fund will also hold a meeting next week. Germany�s deputy finance minister was quoted as saying that the yen will be discussed at both meetings. It had been expected […]

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 21, 2006

US dollar mixed on interest rate uncertainty

Story link: US dollar mixed on interest rate uncertainty

Sterling was stronger as analysts began to be more and more convinced that UK interest rates will be higher by the end of the year as several measures of economic health seem to be showing the UK economy to be in good shape. Figures from the housing markets, retail sales, the money supply, consumer […]

July 19, 2006

Sterling strengthens on Bank of England meeting notes

Story link: Sterling strengthens on Bank of England meeting notes

The US dollar weakened on Wednesday after Federal Reserve Chairman Ben Bernanke told a Congressional committee that both economic growth and the growth of inflation could be slowing down soon. While far from predicting an economic crash, the comments led most analysts to cut the chance that the Fed will raise interest rates in […]

July 17, 2006

Euro weaker as Eurzone inflation repeats May level in June

Story link: Euro weaker as Eurzone inflation repeats May level in June

The dollar strengthened on Monday as investors looked for safe places to put their money as conflict in the Middle East seemed to be getting worse by the day. In addition, new data showed that US industrial output was up in June, and US Federal Reserve chairman Ben Bernanke is expected to leave […]


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	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 […] March 16, 2009 Euro, pound see gains on news Story link: Euro, pound see gains on news The euro and the pound both gained on the US dollar on Monday, while the greenback was also lower versus the Swedish krona and the Korean won as equities markets gained, inducing more investors to look for riskier currency trades. The pound made its gains as Barclays Bank (LSE: BARC; NYSE: BCS; TYO: 8642) said it […] October 9, 2008 Yen lower as rate cuts take hold Story link: Yen lower as rate cuts take hold The Japanese yen reversed recent gains and weakened versus the US dollar, the euro, the Australian dollar and the New Zealand dollar Thursday after interest in carry trades revived on interest rate cuts from several Western and Asian central banks yesterday and today. At right around noon in New York the yen traded at ¥100.68 […] September 18, 2008 USD down versus euro Story link: USD down versus euro The US dollar declined versus the euro and then yen declined on slightly increased appetite for higher-yielding currencies after the US Federal Reserve authorized other central banks to auction dollar to banks. Also hurt by a second day of gains in oil prices and an unexpected gain in first-time jobless claims to 455,000 last week, the […] September 12, 2008 USD weaker on sales, producer price data Story link: USD weaker on sales, producer price data The US dollar weakened Friday as both retail sales and producer prices declined more than expected in August. The Commerce Department reported that retail sales were 0.3 percent lower in August, while the Labor Department said that producer prices fell 0.9 percent during the month. Additionally, the possibility that the Federal Reserve could cut US interest rates […] May 19, 2008 Conference Board index helps USD Story link: Conference Board index helps USD The US dollar strengthened in relation to the euro and the yen Monday, overcoming earlier weakness stemming from worries about US consumer confidence. Gains for the greenback came on strength in global equities markets and on a gain in leading US economic indicators after the Conference Board’s index of leading indicators added 0.1 percent in April […] May 16, 2008 Consumer confidence, oil prices hit dollar Story link: Consumer confidence, oil prices hit dollar The US dollar was weaker versus the euro and the yen on Friday on a decline in US consumer confidence and another spike in crude oil prices. The Reuters/University of Michigan survey on consumer confidence was at 59.5 in May, down from 62.6 in April, the lowest it has been in nearly 28 years. Meanwhile, crude oil […] April 14, 2008 Dollar weakens; pound up on producer prices Story link: Dollar weakens; pound up on producer prices The US dollar was weaker versus the euro after earlier gains Monday while the pound saw gains on a report of higher producer prices in the UK. The dollars declines came after a G-7 report that warned that fluctuations in exchange rates could hurt the global economy but did not mention any initiatives to support the […] December 19, 2007 Pound weakens on interest rate possibilities Story link: Pound weakens on interest rate possibilities The pound weakened versus the US dollar on Wednesday on the continuing possibility that the Bank of England will cut interest rates again soon in order to protect the UK economy from slowing. These concerns were amplified by the release of the minutes of the last meeting of the Bank’s Monetary Policy Committee, which showed that […] June 22, 2007 Bank moves affect currencies markets on week Story link: Bank moves affect currencies markets on week The New Zealand dollar was lifted by interest rates and carry trades activity this week despite rumored attempts by the Reserve Bank of New Zealand to intervene early in the week to slow its ascent. The kiwi added 1.6 percent to $0.7680 versus the US dollar, while it gained 2.1 percent versus the […] June 20, 2007 Sterling stronger after MPC minutes Story link: Sterling stronger after MPC minutes Sterling strengthened on Wednesday after the Bank of England released the minutes from this month’s Monetary Policy Committee meeting. The minutes showed that the decision on interest rates was a close one, with 5 committee members voting to hold rates steady and four members, including the Bank’s governor, voting to raise rates. Analysts […] June 12, 2007 Sterling gains on Bank of England governor’s remarks Story link: Sterling gains on Bank of England governor’s remarks Sterling was stronger on Tuesday after the governor of the Bank of England said that inflation remains a risk to the UK economy and that interest rates will need to be raised again unless growth in earnings and credit subsides and constraints to capacity are overcome. His comments had more sway with investors than […] March 15, 2007 Fitch downgrades Icelandic krona Story link: Fitch downgrades Icelandic krona The Japanese yen was weaker on Thursday as equities markets gained ground. The yen has risen with the faltering fortunes of equities markets recently as investors rush to decrease their exposure to risky investments. The yen dropped 0.3 percent against both the US dollar and sterling, to ¥117.40 and ¥227.10 respectively, while it […] February 26, 2007 US dollar weakens as yen strengthens Story link: US dollar weakens as yen strengthens The US dollar weakened on Monday, dropping in relation to the euro and the yen. Analysts were divided on the reason for the decline. Some attributed it to continued worries over the standoff between Iran and the West over the Middle Eastern nation�s insistence on carrying on with its uranium enrichment program. […] September 15, 2006 Swiss franc declines on rate hike Story link: Swiss franc declines on rate hike The US dollar strengthened somewhat on Friday after new consumer price inflation data showed that consumer inflation was up 0.2 percent month-on-month, putting the annual core inflation rate at 2.8 percent, about what had been expected. Meanwhile a consumer sentiment survey by the University of Michigan showed that the mood of US consumers was […] September 7, 2006 Yen strengthens in advance of G7 meeting Story link: Yen strengthens in advance of G7 meeting The Japanese yen strengthened on Thursday ahead of a meeting of the G7 scheduled for late next week in Singapore, where the International Monetary Fund will also hold a meeting next week. Germany�s deputy finance minister was quoted as saying that the yen will be discussed at both meetings. It had been expected […] 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 21, 2006 US dollar mixed on interest rate uncertainty Story link: US dollar mixed on interest rate uncertainty Sterling was stronger as analysts began to be more and more convinced that UK interest rates will be higher by the end of the year as several measures of economic health seem to be showing the UK economy to be in good shape. Figures from the housing markets, retail sales, the money supply, consumer […] July 19, 2006 Sterling strengthens on Bank of England meeting notes Story link: Sterling strengthens on Bank of England meeting notes The US dollar weakened on Wednesday after Federal Reserve Chairman Ben Bernanke told a Congressional committee that both economic growth and the growth of inflation could be slowing down soon. While far from predicting an economic crash, the comments led most analysts to cut the chance that the Fed will raise interest rates in […] July 17, 2006 Euro weaker as Eurzone inflation repeats May level in June Story link: Euro weaker as Eurzone inflation repeats May level in June The dollar strengthened on Monday as investors looked for safe places to put their money as conflict in the Middle East seemed to be getting worse by the day. In addition, new data showed that US industrial output was up in June, and US Federal Reserve chairman Ben Bernanke is expected to leave […] Next Page »
Currency News © 2005-2008 Brite Media. All rights reserved \| About \| Disclaimer \| XML Feed \| Contact

Major Currencies:

Other Currencies: