After closing for four days for a national holiday, the Japanese markets reopened and the...
Monthly Archives: May 2013
Swiss Franc (CHF) Exchange Rate – Improving unemployment rate offset by a decline in consumer confidence
The Swiss Franc has weakened against the Pound and dropped against the Euro after economic...
Australian Dollar to US Dollar Exchange Rate – AUD/USD Bearish as RBA Slashes Rate to Record Low
Although the Reserve Bank of Australia’s decision to lower its benchmark rate was predicted by...
New Zealand Dollar (NZD) Exchange Rate – ‘Kiwi’ stays near a four-year high versus the ‘Aussie’ Dollar after Australian rate cut
The New Zealand Dollar is hovering close to a four-year high against its Australian relation...
Pound Sterling to Euro Exchange Rate (GBP/EUR) Grows on Dovish Remarks from ECB Chief Mario Draghi
The Pound to Euro exchange rate (GBP/EUR) jumped higher by around half a cent to...
US Dollar to Japanese Yen Exchange Rate – USD/JPY Surges Following Unexpected Decline in US Unemployment Rate
Despite a recent run of disappointing employment data today’s US non-farm payrolls report came as...
Canadian Dollar (CAD) Exchange Rate – ‘Loonie’ declines as choice of the new Bank of Canada governor surprises markets
The Canadian Dollar has declined against the majority of its peers after Stephen Poloz was...
Euro to US Dollar (EUR/USD) Exchange Rate – Euro rebounds against the ‘Greenback’ despite EU cutting Eurozone growth projections
This morning the Euro was able to rebound from yesterday’s lows as a governing member...
Australian Dollar to New Zealand Dollar Exchange Rate Forecast – AUD/NZD on track for worst weekly slide since 2001 on RBA Speculation
With domestic and global concerns weighing on the ‘Aussie’ and the odds of the Reserve...
Pound Sterling (GBP) Exchange Rate – Sterling advances as UK service sector beats expectations
The British Pound has advanced against the majority of its peers after data showed that...