September 28, 2007

USD loses 1.1 percent to euro over week

Story link: USD loses 1.1 percent to euro over week

The US dollar was lower on the week as a result of reports showing that consumer confidence was lower in September, home sales were down in August, and on the expectation that the Federal Reserve will cut interest rates again in October.
Over the week, the US currency dropped 0.4 percent to SFr1.670 in relation to […]

August 29, 2007

Emerging currencies gain on greenback

Story link: Emerging currencies gain on greenback

Emerging markets currencies made gains on the US dollar Wednesday on fears of more trouble in global equities markets.
The Korean won added 0.1 percent to Won941.80, while the South African rand added 1 percent to R7.2200 to the dollar and the Turkish lira jumped 1.5 percent to TL1.3200.
Major currencies also rose versus the greenback, with […]

August 23, 2007

US dollar declines

Story link: US dollar declines

The US dollar weakened Thursday, falling against both major and emerging markets currencies.
The greenback fell 0.2 percent to $1.3565 in relation to the euro while it dropped 0.6 percent to $2.0050 against sterling and was 0.9 percent lower versus the Canadian dollar, to C$1.0525.
Among emerging currencies, the US currency dropped 0.3 percent to the […]

July 23, 2007

Australia, New Zealand currencies stronger

Story link: Australia, New Zealand currencies stronger

The US dollar was weaker during the trading day on Monday but managed to come back from record lows against both the euro and sterling.
The US currency dropped to a new record low against the euro on Monday at $1.3844 before it managed to recover to stand nearly even at $1.3825 versus the shared […]

July 20, 2007

Pound gains 1.2 percent on greenback this week

Story link: Pound gains 1.2 percent on greenback this week

Sterling came out ahead over the US dollar this week on the stronger probability that UK interest rates will rise again soon.
The pound was 0.5 percent higher versus the greenback just on Friday, to a new 26-year high of $2.0587, taking its gain on the week to 1.2 percent.
Elsewhere, sterling added 0.4 percent against the […]

July 19, 2007

Chinese, Turkish currencies see gains

Story link: Chinese, Turkish currencies see gains

The Chinese renminbi reached a new post-revaluation high versus the US dollar on Thursday, going as high as Rmb7.5615 during the day after the People’s Bank announced that the nation’s gross domestic product had grown by 11.0 percent in the second quarter, causing speculation that interest rates could rise there.
The euro was also higher on […]

June 8, 2007

US dollar, Japanese yen stronger on week

Story link: US dollar, Japanese yen stronger on week

The US dollar was generally stronger over the week, helped out by the tendency of investors to avoid risk as markets turned volatile after strong declines in China at the beginning of the week. The greenback added 0.7 percent to $1.3350 versus the euro, while it gained 0.8 percent to $1.9670 in relation to […]

May 30, 2007

Yen, Swiss franc see gains

Story link: Yen, Swiss franc see gains

The US dollar didn’t make any headway in relation to low yielding currencies such as the Japanese yen and Swiss franc on Wednesday, but had more success against major currencies. Even so, analysts called recent moves by China, including today’s increase in taxes on share transactions, dollar positive. The dollar added 0.1 […]

May 25, 2007

Sterling stronger over week

Story link: Sterling stronger over week

Sterling strengthened over the week for the best performance of a major currency after analysts reiterated their expectation that interest rates will rise again soon in the UK. The release of the minutes of this month’s meeting of the Bank of England’s Monetary Policy Committee seemed to indicate that another rise is in the […]

May 24, 2007

Greenback, yen strengthen

Story link: Greenback, yen strengthen

After former US Federal Reserve chairman Alan Greenspan expressed worry that the Chinese stock market could suffer a “dramatic contraction”, the yen and the US dollar strengthened and emerging market currencies were halted in their gains versus the greenback.
The yen gained as investors backed off from risky carry-trades after Mr. Greenspan’s remarks. Investors also […]

May 22, 2007

US dollar mixed as Philippine peso hits seven-year high against greenback

Story link: US dollar mixed as Philippine peso hits seven-year high against greenback

Emerging market currencies continued their success in relation to the US dollar on Tuesday as the Philippine peso hit its highest level in almost seven years against the greenback. The gain was believed by most analysts to have been triggered by comments from Philippine president Gloria Arroyo, who said the strength of the currency […]

May 18, 2007

China widens ability of currency to rise and fall against the US dollar

Story link: China widens ability of currency to rise and fall against the US dollar

China’s central bank increased the band in which the renminbi can rise and fall against the US dollar in a session from 0.3 percent to 0.5 percent on Friday. The move was interpreted by most analysts as in line with Beijing’s stated policy of strengthening its currency slowly. It is seen as being […]

May 16, 2007

Yen, sterling weaken as emerging currencies gain on US dollar

Story link: Yen, sterling weaken as emerging currencies gain on US dollar

Several emerging markets currencies strengthened in relation to the US dollar on Wednesday after new data on Tuesday made it seem more likely that US interest rates could be cut soon. This made investors more willing to take on risk and helped emerging markets.
The Brazilian real added 1.1 percent to trade at $$1.9610 […]


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	September 28, 2007 USD loses 1.1 percent to euro over week Story link: USD loses 1.1 percent to euro over week The US dollar was lower on the week as a result of reports showing that consumer confidence was lower in September, home sales were down in August, and on the expectation that the Federal Reserve will cut interest rates again in October. Over the week, the US currency dropped 0.4 percent to SFr1.670 in relation to […] August 29, 2007 Emerging currencies gain on greenback Story link: Emerging currencies gain on greenback Emerging markets currencies made gains on the US dollar Wednesday on fears of more trouble in global equities markets. The Korean won added 0.1 percent to Won941.80, while the South African rand added 1 percent to R7.2200 to the dollar and the Turkish lira jumped 1.5 percent to TL1.3200. Major currencies also rose versus the greenback, with […] August 23, 2007 US dollar declines Story link: US dollar declines The US dollar weakened Thursday, falling against both major and emerging markets currencies. The greenback fell 0.2 percent to $1.3565 in relation to the euro while it dropped 0.6 percent to $2.0050 against sterling and was 0.9 percent lower versus the Canadian dollar, to C$1.0525. Among emerging currencies, the US currency dropped 0.3 percent to the […] July 23, 2007 Australia, New Zealand currencies stronger Story link: Australia, New Zealand currencies stronger The US dollar was weaker during the trading day on Monday but managed to come back from record lows against both the euro and sterling. The US currency dropped to a new record low against the euro on Monday at $1.3844 before it managed to recover to stand nearly even at $1.3825 versus the shared […] July 20, 2007 Pound gains 1.2 percent on greenback this week Story link: Pound gains 1.2 percent on greenback this week Sterling came out ahead over the US dollar this week on the stronger probability that UK interest rates will rise again soon. The pound was 0.5 percent higher versus the greenback just on Friday, to a new 26-year high of $2.0587, taking its gain on the week to 1.2 percent. Elsewhere, sterling added 0.4 percent against the […] July 19, 2007 Chinese, Turkish currencies see gains Story link: Chinese, Turkish currencies see gains The Chinese renminbi reached a new post-revaluation high versus the US dollar on Thursday, going as high as Rmb7.5615 during the day after the People’s Bank announced that the nation’s gross domestic product had grown by 11.0 percent in the second quarter, causing speculation that interest rates could rise there. The euro was also higher on […] June 8, 2007 US dollar, Japanese yen stronger on week Story link: US dollar, Japanese yen stronger on week The US dollar was generally stronger over the week, helped out by the tendency of investors to avoid risk as markets turned volatile after strong declines in China at the beginning of the week. The greenback added 0.7 percent to $1.3350 versus the euro, while it gained 0.8 percent to $1.9670 in relation to […] May 30, 2007 Yen, Swiss franc see gains Story link: Yen, Swiss franc see gains The US dollar didn’t make any headway in relation to low yielding currencies such as the Japanese yen and Swiss franc on Wednesday, but had more success against major currencies. Even so, analysts called recent moves by China, including today’s increase in taxes on share transactions, dollar positive. The dollar added 0.1 […] May 25, 2007 Sterling stronger over week Story link: Sterling stronger over week Sterling strengthened over the week for the best performance of a major currency after analysts reiterated their expectation that interest rates will rise again soon in the UK. The release of the minutes of this month’s meeting of the Bank of England’s Monetary Policy Committee seemed to indicate that another rise is in the […] May 24, 2007 Greenback, yen strengthen Story link: Greenback, yen strengthen After former US Federal Reserve chairman Alan Greenspan expressed worry that the Chinese stock market could suffer a “dramatic contraction”, the yen and the US dollar strengthened and emerging market currencies were halted in their gains versus the greenback. The yen gained as investors backed off from risky carry-trades after Mr. Greenspan’s remarks. Investors also […] May 22, 2007 US dollar mixed as Philippine peso hits seven-year high against greenback Story link: US dollar mixed as Philippine peso hits seven-year high against greenback Emerging market currencies continued their success in relation to the US dollar on Tuesday as the Philippine peso hit its highest level in almost seven years against the greenback. The gain was believed by most analysts to have been triggered by comments from Philippine president Gloria Arroyo, who said the strength of the currency […] May 18, 2007 China widens ability of currency to rise and fall against the US dollar Story link: China widens ability of currency to rise and fall against the US dollar China’s central bank increased the band in which the renminbi can rise and fall against the US dollar in a session from 0.3 percent to 0.5 percent on Friday. The move was interpreted by most analysts as in line with Beijing’s stated policy of strengthening its currency slowly. It is seen as being […] May 16, 2007 Yen, sterling weaken as emerging currencies gain on US dollar Story link: Yen, sterling weaken as emerging currencies gain on US dollar Several emerging markets currencies strengthened in relation to the US dollar on Wednesday after new data on Tuesday made it seem more likely that US interest rates could be cut soon. This made investors more willing to take on risk and helped emerging markets. The Brazilian real added 1.1 percent to trade at $$1.9610 […]
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