Euro's slump revives concerns about sovereign debt crisis danger

Posted On: August 31, 2011
The shared currency of the European Union dipped in value Thursday as the Swiss franc kicked off the month of September driving higher in value. [More]

Category: Industry News

Safe-haven currencies climb against euro, greenback

Posted On: August 30, 2011
Two safe haven monetary units strengthened in value against rival currencies Wednesday morning amid preoccupations that the world's economic recovery from the Great Recession is slackening. [More]

Category: Industry News

Euro weakens as sovereign debt crisis set to infect Italy

Posted On: August 30, 2011
Tuesday saw the common currency of the euro zone dip in value as Italy surfaced as the next nation to fall within the clenches of the sovereign debt crisis. [More]

Category: Industry News

Rand pushes to top value in nearly 14 days

Posted On: August 29, 2011
Monday saw the value of the South African rand advance to its top price in almost two weeks, partially driven by last Friday's commentary by Ben Bernanke, chairman of the U.S. central bank, who said the globe's top economy is progressively growing stronger. [More]

Category: Industry News

Dollars of Australia, New Zealand increase following Bernanke speech

Posted On: August 28, 2011
Asian stocks' increase pushed up the value of the Australian dollar Monday as the Aussie arrived at its top value in at least 21 days. [More]

Category: Industry News

Dollar slides as Bernanke remains mum on QE3

Posted On: August 26, 2011
The value of the U.S. dollar dropped Friday after Fed chief Ben Bernanke stopped short of committing to economy-boosting measures during his highly-anticipated speech at the Fed's annual symposium in Wyoming. [More]

Category: Industry News

Economics Nobel laureate says repeat recession chances are at 50 percent

Posted On: August 26, 2011
The likelihood is even of the global economy dropping into a double-dip recession, according to Nobel laureate Michael Spence. [More]

Category: Industry News

Dollar gains against franc, which might be subject to additional easing

Posted On: August 25, 2011
The Swiss franc slipped in value against the U.S. dollar but market analysts and observers underscored their confidence in the strength of the franc, which is considered a safe-haven asset. [More]

Category: Industry News

Greenback turns corner and increases in value

Posted On: August 25, 2011
The U.S. dollar reversed course and gained in value Thursday, following the increase of the nation's stocks. [More]

Category: Industry News

Canadian dollar rises against Australian, New Zealand dollars

Posted On: August 25, 2011
Currencies competing with the Canadian dollar lost value Wednesday following news about increased July orders for durable goods in America to levels higher than economists projected. [More]

Category: Industry News