• Home >
• News >

• Send
• Print
• Add To

Currency Focus

Currencies of the Day

Dollar firms after better-than-expected U.S. trade data
Thomson Financial News | Fri, May 9 2008, 15:29 GMT
The dollar was firmer after U.S. trade data showed the deficit narrowing by more than expected, boosting the prospects that first quarter GDP figures may be revised up. The U.S. trade deficit dropped sharply to $58.2 billion in March from $61.7 billion in February, way below forecasts for a much smaller drop to $60.8 billion and helped by a a sharp drop in imports. 

READ ALL

Canada Morning: C$ Higher But Still In Range After Good Data
Dow Jones | Fri, May 9 2008, 14:18 GMT
The Canadian dollar is higher though still firmly within its established trading range early Friday, despite surprisingly positive Canadian employment and merchandise trade figures that once again testified to the economy's resilience in an environment of slowing U.S. growth. 

READ ALL

China yuan ends at 6.9918 to US dollar vs 7.0052 in OTC trade
Thomson Financial News | Fri, May 9 2008, 10:01 GMT
The yuan finished at 6.9918 against the US dollar on the over-the-counter (OTC) market, up from 7.0052 yesterday. On the exchange-traded market, the yuan ended at 6.9916, also up from 7.0078 in the previous session, a Guangzhou-based trader with a foreign bank said. 

READ ALL

USD/JPY: The Dollar declines further
FXstreet.com | Fri, May 9 2008, 14:30 GMT
The Dollar continues dropping against the Yen reaching already to 102.61, according to the ActionForex Technical Team, the bias is on the downside: “At this point, intraday bias remains on the downside as long as 103.62 minor resistance holds. 

READ ALL