Industry News

Aussie rises against greenback

Posted On: April 21, 2014
The monetary unit of Australia achieved its top climb in more than 14 days on Tuesday against the U.S. dollar in advance of government data indicating the increased pace of inflation, Bloomberg reports. [More]

Category: Industry News

Yuan dips after PBOC sets lower exchange rate

Posted On: April 21, 2014
The monetary unit of China slipped in value against the U.S. dollar on Tuesday after the People's Bank of China (PBOC) set a weaker reference rate for the third consecutive trading session, Reuters reports. [More]

Category: Industry News

Euro ebbs and flows against greenback

Posted On: April 21, 2014
The common currency of the European Union hovered near its lowest value in about 14 days against the U.S. dollar on Tuesday amid confidence the European Central Bank (ECB) will devote effort to preventing the monetary unit from advancing, Reuters reports. [More]

Category: Industry News

Rupee drops against greenback

Posted On: April 21, 2014
The monetary unit of India dipped to its lowest rate in about one month against the U.S. dollar on Tuesday amid confidence that importers will increase acquisitions of the greenback as part of an end-of-the-month drive to comply with payments, Bloomberg reports. [More]

Category: Industry News

Ruble slips amid challenges in Ukraine

Posted On: April 21, 2014
The monetary unit of Russia endured losses on Monday against the U.S. dollar as strife in Ukraine prompted doubts about the strength of diplomatic efforts to resolve the conflict between Ukraine and Russia, Bloomberg reports. [More]

Category: Industry News

Yuan slips as confidence grows about PBOC intervention

Posted On: April 20, 2014
The monetary unit of China fell to its lowest value in more than four weeks against the U.S. dollar on Monday as confidence spread about the People's Bank of China (PBOC) intervening as inflows of capital surged higher, Bloomberg reports. [More]

Category: Industry News

Yen edges down against most rivals

Posted On: April 20, 2014
The monetary unit of Japan lost value against all but one of its top 16 counterpart currencies on Monday in the aftermath of economic data noting the trade deficit of the Pacific Rim nation expanding more than projected in March, Bloomberg reports. [More]

Category: Industry News

Greenback pushes toward weekly gains

Posted On: April 18, 2014
The U.S. dollar was heading toward marking weekly advances against the shared currency of the European Union and the Japanese yen on Friday amid confidence the U.S. Federal Reserve will continue tapering economy-spurring monetary stimulus measures as the year proceeds, Bloomberg reports. [More]

Category: Industry News

Won slips toward weekly loss against greenback

Posted On: April 18, 2014
The monetary unit of South Korea slumped toward weekly losses on Friday against the U.S. dollar after the release of stronger U.S. economic data, Bloomberg reports. [More]

Category: Industry News

Yuan drops toward April lows

Posted On: April 17, 2014
The monetary unit of China neared its lowest value thus far this month against the U.S. dollar as the trade week drove toward its close after the People's Bank of China drew down the daily exchange rate as concerns spread about an economic slowdown, Bloomberg reports. [More]

Category: Industry News