The Chinese yuan fell today as the central bank set the reference rate for the currency lower for the first time in six day after the European leaders failed to reach an agreement about measures for fighting the debt crisis.(...)
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The Swiss franc gained today even after the Swiss National Bank announced yet another intervention. The explanation of such behavior is the fact that the Bank didn’t mention euro-peg, which it was considering, according to rumors.(...)
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The Great Britain pound strengthened against most its major peers after the report showed that the consumer prices in the UK increased more than forecast last month.(...)
Read the rest of Pound Rises as Inflation Accelerates (123 words)

The Canadian dollar weakened today as the decline of crude oil prices and the signs of slowdown of Europe’s economy reduced appeal of riskier currencies.(...)
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