Currency's latest news

The YEN

The yen is having a hard time this week as risk appetite rose globally, decreasing attractiveness for the relative safety available in assets in the Asian country, being of the worst performers during the past days in forex markets together with the U.S. dollar.

Chilean Peso

The Chilean peso gained, cutting its losing streak, which it experienced for three weeks, on speculation that the government and insurers may start selling dollars, to pay for fixing the damage caused by the earthquake with a magnitude of 8.8 magnitude.

Swiss Franc

The Japanese yen rose slightly against the euro and the U.K. pound today as the exports, boosted by the demand from the emerging markets, showed a significant increase, causing the economy to recover with the 

greater-than-expected pace, though the U.S. dollar managed to outperform the Japanese currency with the aid of the increasing production and the decreasing jobless rate.

Russian Ruble

The Russian ruble rose against the U.S. dollar today as the crude oil’s price reached its record high in 17 months on the signs that the rising pace of the global economic recovery may spur the demand for the fuel.

Dollar

The U.S. dollar rose slightly above the opening level after it dropped today to a lowest level in a week versus the euro as the pace of the global economic rebound increase, forcing down the demand from traders and investors for the U.S. currency as a safe haven and an investment asset, who are now more willing to part with the greenback and take a little more risk.The U.S. dollar gained versus most of its major counterparts and rose to the highest level since August 2009 against the Japanese yen as the improving situation in the labor market boosts the confidence in the economic recovery of the U.S. and helps the U.S. manufacturing to expand, further bolstering the U.S. economy.