Euro has risen above $1.38 for the first time since November 2011, with the dollar continuing to be dragged down by expectations that the Fed will delay tapering its QE program until next year
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Australian Dollar Higher After China Growth
Australia’s dollar strengthened after a report showed China’s economy grew 7.5 percent in the second quarter, matching economists’ estimates. The Australian currency dropped last week after Chinese Finance Minister Lou Jiwei said this year’s expected […]
IMF praises Switzerland’s handling of the pandemic
According to the International Monetary Fund (IMF), Switzerland has navigated the COVID-19 pandemic well up to now and has been able to limit the decline in economic output.
Forex Daily
Forex Daily The dollar was up against the yen, with USD/JPY up 0.95% at 114.68, and up against the Swiss franc, with USD/CHF up 0.49% at 0.9647. ADP reported that non-farm private employment rose by […]
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