Optimism is high regarding the upcoming G20 meeting, and that is sending the US dollar lower in Forex trading. Greenback is lower today as economic data boosts hopes, and as Forex traders shrug off the latest downgrade of Spain’s sovereign debt.

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Read the rest of US Dollar Down on Optimism (171 words)

The Chilean peso rose today, paring its previous decline, after the Chilean central bank kept its key interest rate unchanged, but signaled about the possibility of a rate cut in the future.(...)
Read the rest of Chile Maintains Main Interest Rate (71 words)

The South Korean won climbed today as the overseas inflows into the nation’s economy confirmed attractiveness of the currency to the global investors.(...)
Read the rest of Won Rises with Help of Foreign Investors (62 words)

The Australian and New Zealand dollars retreated today after Standard and Poor’s cut Spain’s credit rating yesterday, damping risk appetite on the Forex market.(...)
Read the rest of AUD & NZD Feel Weight of Spain’s Downgrade (134 words)

Another European country experienced a downgrade of its credit rating. This Standard & Poor’s cut the sovereign rating of Spain, reminding traders that the story of Europe’s woes is far from over and the debt crisis may spread across the region.(...)
Read the rest of S&P Cuts Spain’s Credit Rating, Fears for Europe Return (174 words)