The Japanese currency attracted FX traders’ funds today, as Greece may face a selective default rating from S&P, while the United States are still likely to face a technical default next Tuesday.(...)
Read the rest of Yen Gains on Greece & US Debt Problems (116 words)

The Brazilian currency demonstrated a biggest drop against the US dollar this year today, as the government introduced a new tax on FX derivatives investments, and the dollar jumped up against the other major currencies.(...)
Read the rest of Brazil Real Loses on FX Tax, Dollar’s Sudden Appreciation (113 words)