August 20th, 2010
During New York morning trading on Thursday, the Swiss franc spiked up against major currencies. The franc climbed to new multi-month highs against the US dollar, fresh multi-week highs against the euro, pound and the yen.
Extending previous session uptrend,…
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August 20th, 2010
The US dollar recovered from early losses against major opponents in New York mid-day trading on Wednesday.
In the U.S., the first time claims for unemployment benefits showed another unexpected increase in the week ended August 14th, according to a…
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August 19th, 2010
The dollar barely budged versus other major currencies on Wednesday in the absence of first-tier economic data from the United States.
While industry data hinted at continued weakness in the housing market, traders took to the sidelines wanting more…
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August 18th, 2010
Wednesday in Asia, the Australian and the New Zealand dollars edged down against most major currencies as some Asian stocks pared their early gains.
Hong Kong’s Hang Seng is currently down by 0.2%, China’s Shangai composite index is falling by…
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August 18th, 2010
The Canadian dollar rallied against its major counterparts on Tuesday morning in New York as crude oil, the nation’s largest export rose above $76 per barrel.
A surge in stocks driven by a rejected takeover offer for Potash Corp. from…
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August 17th, 2010
The Australian and the New Zealand dollars, which weakened against most major currencies in early Asian deals on Tuesday recouped their losses shortly.
The aussie thus rose to a 4-day high against the greenback and the euro. But the…
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August 16th, 2010
During early European deals on Monday, the euro showed mixed trading against its major counterparts. While the euro plunged to a new multi-week low against the franc, it rose against the pound. Meanwhile, the euro recovered from an early Asian…
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