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 […]

February 4, 2009

Euro weaker on Eastern Europe currency concerns

Story link: Euro weaker on Eastern Europe currency concerns

The euro weakened Wednesday on concerns that trouble for Eastern European currencies will hurt the shared currency.
Worries were spurred when Fitch Ratings cut Russia’s debt rating, citing declines in oil prices among other issues, and after the National Bank of the Republic of Kazakhstan devalued that nation’s currency by 18 percent.
The move by Kazakhstan’s central […]

January 29, 2009

US dollar drops on data

Story link: US dollar drops on data

The US dollar was lower versus the Japanese yen Thursday as the Labor Department reported that the number of people receiving unemployment benefits rose again and after the Commerce Department said that US durable goods orders were down in December.
The Labor Department said that first-time jobless claims were up to 588,000 in the week ending […]

October 24, 2008

Yen at multi-year highs versus euro, USD

Story link: Yen at multi-year highs versus euro, USD

The yen hit a 13-year high versus the dollar and a six-year high in relation to the euro Friday as investors backed out of carry trades after big declines in global equities markets.
In late morning trade in New York the Japanese currency traded at ¥93.995 to the US dollar and at ¥119.4958 to the euro […]

October 22, 2008

Euro, pound weaker on rate speculation

Story link: Euro, pound weaker on rate speculation

The euro and the pound both weakened Wednesday on the likelihood that the European Central Bank and the Bank of England will cut interest rates again soon, with the euro finding its weakest level in more than four years against the yen, which gained on all major currencies during the day on a retreat from […]

August 12, 2008

Pound declines on inflation, house prices

Story link: Pound declines on inflation, house prices

The pound was weaker Tuesday on new data showing that UK inflation was at 4.4 percent in July, higher than anticipated and more than twice the target set by the Bank of England, and after the Royal Institution of Chartered Surveyors reported that house prices were lower again in July.
RICS said that 83.9 percent more […]

August 11, 2008

Eurozone rate speculation limits losses for euro

Story link: Eurozone rate speculation limits losses for euro

The euro was only slightly lower versus the US dollar in late morning trade in New York after it was reported that an official of the European Central Bank had said the Bank is still worried about inflation.
The reports raised sentiment that the ECB will hike interest rates again this year.
The euro was worth $1.4989 […]

July 24, 2006

Swiss franc weaknes versus major currencies

Story link: Swiss franc weaknes versus major currencies

The US dollar strengthened Monday, but analysts disagreed on exactly why the greenback notched gains after three days of declines. Some called the gains a correction, while others felt it had to do with speculators who are betting that China will use the 1-year anniversary of the revaluation of the renminbi as an excuse […]

April 27, 2005

CBR considers rouble appreciation

Story link: CBR considers rouble appreciation

The Russian Central Bank (CBR) might allow the rouble to appreciate as much as 9 percent this year, a percentage point higher than had been previously planned, according to the first deputy chairman of the bank.
This move, if taken, would be an effort to ease the high Russian inflation that has only been […]


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 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 […] February 4, 2009 Euro weaker on Eastern Europe currency concerns Story link: Euro weaker on Eastern Europe currency concerns The euro weakened Wednesday on concerns that trouble for Eastern European currencies will hurt the shared currency. Worries were spurred when Fitch Ratings cut Russia’s debt rating, citing declines in oil prices among other issues, and after the National Bank of the Republic of Kazakhstan devalued that nation’s currency by 18 percent. The move by Kazakhstan’s central […] January 29, 2009 US dollar drops on data Story link: US dollar drops on data The US dollar was lower versus the Japanese yen Thursday as the Labor Department reported that the number of people receiving unemployment benefits rose again and after the Commerce Department said that US durable goods orders were down in December. The Labor Department said that first-time jobless claims were up to 588,000 in the week ending […] October 24, 2008 Yen at multi-year highs versus euro, USD Story link: Yen at multi-year highs versus euro, USD The yen hit a 13-year high versus the dollar and a six-year high in relation to the euro Friday as investors backed out of carry trades after big declines in global equities markets. In late morning trade in New York the Japanese currency traded at ¥93.995 to the US dollar and at ¥119.4958 to the euro […] October 22, 2008 Euro, pound weaker on rate speculation Story link: Euro, pound weaker on rate speculation The euro and the pound both weakened Wednesday on the likelihood that the European Central Bank and the Bank of England will cut interest rates again soon, with the euro finding its weakest level in more than four years against the yen, which gained on all major currencies during the day on a retreat from […] August 12, 2008 Pound declines on inflation, house prices Story link: Pound declines on inflation, house prices The pound was weaker Tuesday on new data showing that UK inflation was at 4.4 percent in July, higher than anticipated and more than twice the target set by the Bank of England, and after the Royal Institution of Chartered Surveyors reported that house prices were lower again in July. RICS said that 83.9 percent more […] August 11, 2008 Eurozone rate speculation limits losses for euro Story link: Eurozone rate speculation limits losses for euro The euro was only slightly lower versus the US dollar in late morning trade in New York after it was reported that an official of the European Central Bank had said the Bank is still worried about inflation. The reports raised sentiment that the ECB will hike interest rates again this year. The euro was worth $1.4989 […] July 24, 2006 Swiss franc weaknes versus major currencies Story link: Swiss franc weaknes versus major currencies The US dollar strengthened Monday, but analysts disagreed on exactly why the greenback notched gains after three days of declines. Some called the gains a correction, while others felt it had to do with speculators who are betting that China will use the 1-year anniversary of the revaluation of the renminbi as an excuse […] April 27, 2005 CBR considers rouble appreciation Story link: CBR considers rouble appreciation The Russian Central Bank (CBR) might allow the rouble to appreciate as much as 9 percent this year, a percentage point higher than had been previously planned, according to the first deputy chairman of the bank. This move, if taken, would be an effort to ease the high Russian inflation that has only been […]
Currency News © 2005-2008 Brite Media. All rights reserved \| About \| Disclaimer \| XML Feed \| Contact

Major Currencies:

Other Currencies: