Franc Unfazed by SNB Attempts to Weaken Currency Posted: 18 Aug 2011 07:58 AM PDT The Swiss franc advanced today for the second day, paying no heed to the attempts of the Swiss central bank to prevent the currency from strengthening even more and hurting the nation’s economy. Currently the franc retreated somewhat against the dollar.(...) Read the rest of Franc Unfazed by SNB Attempts to Weaken Currency (73 words)
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Cheaper Oil Means Weaker Ruble Posted: 18 Aug 2011 06:58 AM PDT Russia’s ruble weakened today after crude oil declined, reacting to the negative data about the US unemployment claims that reduced hopes for improvement of the economy in the US.(...) Read the rest of Cheaper Oil Means Weaker Ruble (54 words)
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Australia Dollar Receives Help from Commodities Posted: 17 Aug 2011 02:49 PM PDT The Australian dollar rose today, rallying to the highest price in almost two weeks against the US dollar, as commodities gained and increased appeal of growth-related currencies to Forex traders.(...) Read the rest of Australia Dollar Receives Help from Commodities (102 words)
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CAD Gains vs. USD as Investors Seek Higher Yield Posted: 17 Aug 2011 10:34 AM PDT The Canadian dollar advanced against its US counterpart as market sentiment improved, making investors more willing to risk and look for higher-yielding currencies. The currency was down against the euro and the yen.(...) Read the rest of CAD Gains vs. USD as Investors Seek Higher Yield (115 words)
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