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Won Climbs on Improving Outlook for South Korean Exports

South Korean won climbed today, along with other Asian currencies, as signs of the economic growth in China and the United States improved outlook fo[...] read more »
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Ringgit Gains on Manufacturing Growth in US & China

The Malaysian ringgit gained today as yesterday’s data that showed an expansion of manufacturing in the United States and China increased attractiven[...] read more »
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Pound Drops on Manufacturing PMI, Rebounds

The Great Britain pound edged down today after a report showed that nation’s manufacturing almost stalled in April. The currency rebounded later and [...] read more »
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Aussie Edges Down as RBA Cuts Main Rate More Than Expected

The Australian dollar dipped today as the Reserve Bank of Australia cut its key cash rate more than analysts anticipated. The decrease of the rate wa[...] read more »
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NZ Dollar Down as Trade Surplus Shrinks

The New Zealand dollar fell yesterday and extended its decline today. New Zealand’s traded surplus unexpectedly shrank in March, adding to the negati[...] read more »
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Crude Oil Falls on Swelling Stockpiles & Economic Slowdown

Crude oil fell on speculation that US inventories will advance to a highest level in 21 years. Demand for oil may wane as the global economic growth [...] read more »
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Australian Dollar Falls as Traders Anticipate Interest Rate Cut

The Australian dollar fell today on speculation that the Reserve Bank of Australia will cut its main interest rate as the European problems cause a n[...] read more »
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EUR/USD Trades Sideways, Erasing Earlier Losses

EUR/USD fell today after a report showed that Spain entered a recession, but later the currency pair rebounded and traded in a wide range. Currently,[...] read more »
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South Korean Manufacturers Feel Confident, Won Jumps

The South Korean won climbed today as nation’s manufacturer confidence jumped to the nine-month high and hopes for growth of the US economy boosted p[...] read more »
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Euro Slips as Spain Enters Recession

The euro fell today as Spain’s economy entered a recession, fueling concerns that the financial crisis is spreading across Europe. read more »
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Bank of Japan Was Not Able to Spoil Good Week for Yen

The Japanese yen gained this week against other major currencies and headed to the biggest monthly gain since June against the US dollar on fears of [...] read more »
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Mexican Peso Erases Losses as Bank of Mexico Doesn’t Cut Interest Rates

The Mexican peso trimmed its losses versus the US dollar today after the nation’s central bank left it key overnight interbank funding rate unchanged[...] read more »
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Oil Gains on US Consumer Spending, Gold Bulls Retain Hope

Crude oil futures advanced today as growth of US household spending overshadowed slower-than-expected economic growth. Gold price rose today as centr[...] read more »
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Aussie Posts Gains as Bank of Japan Boosts Liquidity

The Australian dollar climbed today, reaching a monthly high versus its US counterpart, after the stimulating measures of the Bank of Japan boosted c[...] read more »
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EUR/USD Recovers After S&P Downgrades Spain

EUR/USD started today’s session moving down as Standard & Poor’s downgraded Spain’s sovereign credit rating, but later the currency pair erased its l[...] read more »
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