Industry News

Dollar gains against yen as policy makers convene

Posted On: June 18, 2013
The world's reserve currency notched a second consecutive trade session of gains on Tuesday against the Japanese yen amid conjecture about the U.S. Federal Reserve's plan to taper its monetary stimulus measures, according to Reuters. [More]

Category: Industry News

Loonie slips for third straight day against greenback

Posted On: June 18, 2013
The Canadian dollar endured a third consecutive trading session of losses on Tuesday as policy makers with the U.S. Federal Reserve convened the first of two days of meetings, according to Bloomberg. [More]

Category: Industry News

Won advances from two month lows against greenback

Posted On: June 17, 2013
Government suggestions about methods of preserving markets' stability prompted the South Korean won to bounce back from hovering near its lowest value in 60 days on Monday, according to Bloomberg. [More]

Category: Industry News

Rupee drops as concerns grow for tapering U.S. stimulus

Posted On: June 14, 2013
Conjecture about reductions to economy-spurring measures in the U.S. tugged down the Indian rupee on Friday as the monetary unit dove toward a sixth consecutive weekly loss in 12 months, according to Bloomberg. [More]

Category: Industry News

Real slips after gains against greenback

Posted On: June 14, 2013
The monetary unit of the largest economy in Latin America lost value on Friday against the U.S. dollar after capital outflows did not cease following the government's efforts to intervene, according to Bloomberg. [More]

Category: Industry News

Won marks top gains against dollar since mid April

Posted On: June 14, 2013
The monetary unit of South Korea on Friday achieved its top gains in about 60 days against the world's reserve currency, tracking Asian equities that were spurred higher by strong retail sales and employment data in the U.S., Bloomberg reports. [More]

Category: Industry News

Euro endures losses against greenback after U.S. releases strong data

Posted On: June 13, 2013
The common currency of the European Union lost value against the U.S. dollar on Thursday after economic data noted that development and growth in the world's largest economy was slowing, according to Reuters. [More]

Category: Industry News

Loonie advances after Australia released strong data

Posted On: June 13, 2013
The monetary unit of Canada pushed to its 28-day high on foreign exchange markets on Thursday against the U.S. dollar after Australia released stronger economic data, according to Bloomberg. [More]

Category: Industry News

Yen continues upward drive against greenback

Posted On: June 13, 2013
The monetary unit of Japan advanced on Thursday on foreign exchange markets against the U.S. dollar after the World Bank reduced the nation's projections for development and growth, according to Bloomberg. [More]

Category: Industry News

Greenback drops ahead of release of retail sales data

Posted On: June 12, 2013
The world's reserve currency slipped on Wednesday on foreign exchange markets in anticipation of economic data that is likely to indicate whether the U.S. will slow down its economy-spurring monetary stimulus program, according to Bloomberg. [More]

Category: Industry News