18th June 2009
The Swiss franc was bolstered today as the Swiss National Bank kept interest rates at a record low. This rose the Swiss franc to a one month high against the euro, whilst sterling fell sharply after weak UK sales figures were released.
The euro’s fall helped prod the dollar up as the dollar index rose by [...]
10th June 2009
The dollar lowered on Wednesday as investors moved from the greenback to higher-yielding assets after analysts predict that the global economy is improving. The US dollar also lost ground over speculation that the Federal Reserve will increase interest rates by the end of the year.
The dollar index, which calculates the dollar’s performance against six major [...]
3rd June 2009
The US dollar hovered nervously low on Wednesday as US house sales posted a third monthly rise in a row. The US house sales figures took their highest jump in over 7 years, suggesting that the housing market is stabilising and reinforced some investor’s views of a global economic recovery.
The dollar hasn’t recovered since Monday, [...]