Industry News

Dollar depreciates as U.S. wages fall

Posted On: January 09, 2015
The Bloomberg Dollar Spot Index declined 0.1 percent on Friday morning to 1,146.13 after falling as much as 0.4 percent, Bloomberg reported. [More]

Category: Industry News

Economists adjust 2015 forecast as Canadian dollar falls

Posted On: January 09, 2015
The Canadian dollar fell 0.4 percent Friday morning to 1.1875 per U.S. dollar, Bloomberg reported. Earlier in the trading session, the currency depreciated to 1.1890 per U.S. dollar, marking its weakest rate since May 2009. [More]

Category: Industry News

India's rupee records largest weekly advance since May

Posted On: January 09, 2015
The rupee rose 1.6 percent this past week to close at 62.3250 per U.S. dollar, which marked its largest weekly gain since May, Bloomberg reported. The currency advanced 0.6 percent on Friday and was Asia’s top performer this week. [More]

Category: Industry News

Pound falls as traders delay forecast for interest rate hike

Posted On: January 08, 2015
The pound fell 0.2 percent Thursday to $1.5078 per U.S. dollar, Bloomberg reported. [More]

Category: Industry News

Euro-dollar exchange falls to lowest rate since 2005

Posted On: January 08, 2015
The euro fell under 1.18 per U.S. dollar on Thursday for the first time since 2005, Bloomberg reported. [More]

Category: Industry News

Ruble rises as crude oil prices recover slightly

Posted On: January 08, 2015
The ruble rose 2.9 percent Thursday to 61.46 per U.S. dollar, Bloomberg reported. The currency has gained ground amid the marginal recovery of crude oil. [More]

Category: Industry News

Real rises as Brazil establishes new economic team

Posted On: January 07, 2015
The real grew 0.9 percent Wednesday morning to 2.6776 per U.S. dollar, marking its strongest rate on a closing basis since the end of 2014, Bloomberg reported. [More]

Category: Industry News

Euro sinks to weakest rate since January 2006 as oil prices slide

Posted On: January 07, 2015
The euro declined to as low as $1.1819 on Wednesday, marking its lowest rate since January 2006, Bloomberg reported. [More]

Category: Industry News

South Korea's won declines, follows trajectory of yen

Posted On: January 07, 2015
South Korea’s won declined 0.1 percent Wednesday to 1,099.88 per U.S. dollar, Bloomberg reported. The currency fell 7.3 percent over the last two quarters of 2014. [More]

Category: Industry News

Yuan rises slightly as China expedites infrastructure projects

Posted On: January 06, 2015
The yuan rose 0.11 percent on Tuesday to 6.2130 per U.S. dollar in Shanghai after falling 0.26 percent on Monday, Bloomberg reported. [More]

Category: Industry News