The Japanese yen rose today against most other major currencies on the speculation that the slowdown of the global economic growth will increase demand for the Japanese currency as the safe haven.
The Canadian dollar slipped today after the economic reports from both the US and Canada itself intensified the concerns about the slowdown of the global economic growth.
The US dollar weakened today against most other major currencies after the unemployment claims unexpectedly surged and other reports signaled that the economic recovery in the US is slowing.
The Great Britain pound rose today versus other major currencies as the nation’s budget shortage in July was smaller than expected.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment