Wednesday saw the Australian dollar fall in value against the world's reserve currency for a third straight trading session, Bloomberg reports. The Aussie slipped against most of its top rivals as well after Governor Glenn Stevens with the Reserve Bank of Australia was cited saying that there has been an orderly transition from mining to… Read more.
Thursday saw the common currency of the European Union approach its top value in seven weeks against the U.S. dollar as European Central Bank officials prepare to meet to make a policy decision, Bloomberg reports. The euro was hovering against the Japanese yen as investors, analysts and additional market participants anticipated economic data that would… Read more.
Wednesday saw the common currency of the European Union climb to its seven-week high against the world's reserve currency as anti-debt efforts proved to be key to Greece and Spain, Reuters reports. Terms and conditions of a program for buying back debt in Greece were better than forecast. The dollar suffered the consequences of mounting… Read more.
The shared currency of the European Union drove to its top value in 40-plus days on Tuesday amid lofty anticipations for a buyback program for Greek debt, Reuters reports. The embattled monetary unit pushed higher as borrowing costs and expenses for beleaguered euro nations fell. Feuding political leaders in the U.S. regarding negotiations to resolve… Read more.
Increased optimism for Chinese development and growth prospects tempered losses to copper futures on Monday, according to the Wall Street Journal. The reddish metal was enduring pressure on the first trading session of the final month of 2012. The Asian nation, which is the globe's top consumer of the reddish metal, released economic data stating… Read more.
Monday saw the common currency of the European Union climb to its six-week high against the world's reserve currency amid China showing signs of growth and Europe indicating minimized contractions, Reuters reports. But the ongoing negotiations in the U.S. regarding the fiscal cliff tempered the monetary unit's gains. Greece, the two-time recipient of international bailout… Read more.
The final day of November saw the shared currency of the European Union climb to a five-week high against the world's reserve currency as concerns about the damaging tendencies of the sovereign debt crisis eased, Bloomberg reports. The 17-naiton monetary unit also climbed against the Japanese yen, barreling toward monthly gains of just less than… Read more.
Thursday saw the value of the common currency of the European Union climb against the U.S. dollar amid speculation about successful negotiations among U.S. political leaders wrestling with fiscal cliff circumstances, Bloomberg reports. The euro also advanced in value against the Japanese yen after four consecutive trading sessions of losses after Italian and Spanish bonds… Read more.
Wednesday saw the Canadian dollar slide against the world's reserve currency as concerns about U.S. political leaders dilly-dallying in the face of the looming deadline of the fiscal cliff, Reuters reports. As the loonie marks three-straight days of losses to the U.S. dollar, the remarks of Senate Majority Leader Harry Reid about minimal progress on… Read more.
Increasing doubts about the Greek debt deal finalized on Monday night pulled down the common currency of the European Union on Wednesday against the U.S. dollar, according to Reuters. The 17-nation currency also slipped against the Japanese yen as the possibility of the central bank of Japan intervening again grew less likely. But the Monday… Read more.