Euro Rises on Manufacturing Report Figures
The euro posted the first climb versus the U.S. in four days as this Friday a report indicated that the European manufacturing and services contracted at a slower pace, and German business confidence improved. The Eurozone currency is ending the seco...
Pound Slides on Quarterly Recession Numbers
The pound posted losses today versus most of the 16 main traded currencies as today, gross domestic product figures released in the United Kingdom revealed that the quarterly recession in the European nation was more than double of what economists fo...
Mexican Peso Posts Second Weekly Gain on Economic Optimism
The Mexican currency posted another week of gains versus its main trading partner’s currency, the U.S. dollar, as emergent-market currencies profited on higher confidence among traders. Reports mainly in Europe this Friday indicating that the Germa...
Canadian Dollar Ends Week High on Government Statement
The Canadian dollar ended another day gaining versus its U.S. counterpart, as government officials affirmed that the country may be already getting out of recession. The loonie posted its sixth day of gains versus the greenback after Canadian governm...
Dollar will stay as global reserve currency : Zoellick
Commodity OnlineL’AQUILA: World Bank President Robert Zoellick said the dollar will stay as the world’s main reserve currency.Speaking to reporters on the sidelines of the G8 summit here he said, “The dollar is going to remain the primary reser...
Aussie steady vs dollar at noon
The Aussie was virtually unchanged Friday as investors sat on the sidelines in subdued trade.The Australian currency was trading at 78.21 cents, down slightly from Thursday's close of 78.20 cents.Receive $25 free with a Forex Micro accountDuring the ...
No comments:
Post a Comment