Taiwanese dollar surges against greenback

Posted On: May 28, 2014
The currency of Taiwan pushed to its top value since early April on Thursday against the U.S. dollar amid strong purchases of local stocks by international investors, Bloomberg reports. [More]

Category: Industry News

Aussie rises as business climate improves

Posted On: May 28, 2014
The currency of Australia achieved sharp gains against the U.S. dollar on Thursday amid a stronger outlook for regional businesses' investment opportunity, Reuters reports. [More]

Category: Industry News

Ruble projected to slim down

Posted On: May 28, 2014
Gains that the currency of Russia have achieved thus far in May are believed to be short lived, despite the monetary unit establishing itself as this month's top performer, Bloomberg reports. [More]

Category: Industry News

Yuan dips against dollar after PBOC reduces exchange rate

Posted On: May 27, 2014
The monetary unit of China lost value on Wednesday against the U.S. dollar after the People's Bank of China (PBOC) established the weakest reference rate since last autumn, Bloomberg reports. [More]

Category: Industry News

Yen drops as BOJ forecast to continue stimulus

Posted On: May 27, 2014
Confidence about the Bank of Japan (BOJ) widening the scope of economy-spurring monetary stimulus measures tugged down the currency of the Pacific Rim nation on Wednesday, Bloomberg reports. [More]

Category: Industry News

Euro loses value against dollar as anticipation rises for ECB meeting

Posted On: May 27, 2014
The common currency of the European Union was slumping toward its biggest monthly loss since early this year against the U.S. dollar on Wednesday as confidence spread that the European Central Bank (ECB) will augment economy-spurring stimulus measures early next month, Bloomberg reports. [More]

Category: Industry News

Russian ruble marks second consecutive day of losses

Posted On: May 26, 2014
The currency of Russia endured a second consecutive trading session of losses on Tuesday amid concerns that the recent rally of the monetary unit was overdone, Bloomberg reports. [More]

Category: Industry News

Greenback dips against rivals

Posted On: May 26, 2014
The U.S. dollar pulled back on Tuesday against its top rivals in advance of economic data projected to show durable goods orders in the world's largest economy slumped last month, Bloomberg reports. [More]

Category: Industry News

Aussie poised to continue downward drive

Posted On: May 22, 2014
The monetary unit of Australia will continue its downward dive as the year continues, according to two investment houses cited by Bloomberg. [More]

Category: Industry News

Krona slumps against euro, greenback

Posted On: May 22, 2014
The currency of the largest Nordic nation lost value on Friday against the common currency of the European Union as business confidence is falling short of projections, Bloomberg reports. [More]

Category: Industry News