After the European Central Bank cut its key benchmark rate to a record low of...
Monthly Archives: May 2013
New Zealand Dollar (NZD) Exchange Rate – ‘Kiwi’ hits highest level against the Australian Dollar (NZD/AUD) since October 2009
The New Zealand Dollar climbed above 83 Australian cents for the first time since October...
Euro Plummets Against the Pound (GBP/EUR) and US Dollar (EUR/USD) as ECB Hint at Negative Deposit Rates
The Pound to Euro exchange rate (GBP/EUR) climbed by 0.85 cents to 1.1885 yesterday afternoon...
US Dollar (USD) Exchange Rate – ‘Greenback’ strengthens after jobless claims hit five-year low and trade deficit narrows
The US Dollar has strengthened against the majority of its peers after data revealed that...
Canadian Dollar to US Dollar (CAD/USD) Exchange Rate – ‘Loonie’ Gains as ECB Decision Raises Investor Appetite for Risk
After dropping from yesterday’s 10-week high against the US Dollar the ‘Loonie’ was able to...
Euro (EUR) Exchange Rate – ECB cuts interest to new record low of 0.5%
The European Central Bank has cut interest rates to a new record low of 0.5%...
Japanese Yen to Euro Exchange Rate News – JPY/EUR Gains on ECB Speculation
As factory output in China, the world’s second largest economy, slowed the safe-haven Yen strengthened...
New Zealand Dollar to US Dollar (NZD/USD) Exchange Rate – ‘Kiwi’ Tumbles In Response to Global and Domestic Developments
With the pressure of various domestic and global issues weighing on it, the New Zealand...
South African Rand to US Dollar (ZAR/USD) Exchange Rate – Rand weakens as commodities decline
The South African Rand has weakened against the US Dollar due to softening precious metal...
Pound to US Dollar (GBP/USD) Exchange Rate – Sterling Gains on the ‘Greenback’ as UK Construction Sector Approaches Growth
Following the FOMC’s policy announcement, in which it pledged to adjust fiscal policy to meet...