Australian Dollar Attempts Stop Decline, Fails Posted: 09 Aug 2011 02:39 AM PDT The Australian dollar attempted to pare its losses today after Asian stocks rebounded, but this attempt wasn’t successful, meaning that the currency heads for a ninth straight session of losses.(...) Read the rest of Australian Dollar Attempts Stop Decline, Fails (55 words)
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Impact of BoJ Intervention on Yen Wanes Posted: 09 Aug 2011 02:10 AM PDT The Japanese yen jumped against all other most-traded currencies today as traders fled to safety of the yen, fearing the financial problems of the US and Europe.(...) Read the rest of Impact of BoJ Intervention on Yen Wanes (65 words)
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Eighth Session of Suffering for Aussie Posted: 08 Aug 2011 12:12 PM PDT The downgrade of the US credit rating on August 5 hurt commodity currencies and the Australian dollar was among the ones hit hardest by the rating agency’s decision. The Australian currency extended its drop today.(...) Read the rest of Eighth Session of Suffering for Aussie (108 words)
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CHF at New Record vs. USD, Gains vs. Other Currencies Posted: 08 Aug 2011 10:01 AM PDT The Swiss franc rallied against all most-traded currencies as downgrade of the US credit rating and concerns about the future of the European debt made investors unwilling move from the safety of the franc to riskier assets.(...) Read the rest of CHF at New Record vs. USD, Gains vs. Other Currencies (112 words)
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