Thomson Reuters/Jefferies CRB Index — News Archive

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Gains of Commodities Make NZ Dollar Stronger

The New Zealand dollar advanced today as risk appetite on markets helped riskier assets, driving commodities higher and increasing the appeal of growth-related currencies.

Aussie Recovers After Big Drop

The Australian dollar recovered a bit today against the US dollar and the Japanese yen after yesterday’s big drop. The decline was caused by weakness of commodities and stocks that followed the International Monetary Fund’s economic forecast of this year.

AUD/JPY Extends Gains, AUD/USD Drops

The Australian dollar extended yesterday’s gains versus the Japanese yen and losses against the euro today. The currency weakened against the US dollar, paring the earlier rally.

Aussie Rallies with Global Stocks as Traders Put Their Hopes on Central Banks

The Australian dollar rallied today as global stocks advanced on hopes that central banks of developed nations will spur economic growth. The Australian currency is linked to growth, therefore it profited from such hopes. The currency lost gains versus the euro.

NZ Dollar Rallies with Milk Prices

The New Zealand dollar rose against the US dollar and the Japanese yen yesterday and maintained its gains today as the rally of commodities improved outlook for New Zealand exports, meaning that the currency will be in demand.

China’s GDP Spurs Speculation About Stimulus, EUR/CAD at Record Low

The Canadian dollar climbed against most major currencies as the slowing growth in China spurred speculations that the policy makers in the Asian nation would step up to boost the economic expansion. The currency reached the record high versus the euro.

Aussie Posts Gains as Bank of Japan Boosts Liquidity

The Australian dollar climbed today, reaching a monthly high versus its US counterpart, after the stimulating measures of the Bank of Japan boosted commodities and global stocks. The currency was down against the yen, though.

US Dollar Drops on Profit-Taking

The US dollar extended its losses against most major currencies, including the euro, the Great Britain pound and the Swiss franc, for the third day as positive mood of Forex traders made them prefer currencies with higher yield.

Australian Dollar Jumps on US Economic Recovery

The Australian dollar advanced as stocks and commodities rallied after the Federal Reserve released the minutes of its monetary policy meeting, indicating that the US economy is improving.

CAD Drops as Greek Story Takes Troublesome Turn

The Canadian dollar dropped today against the greenback and the Japanese yen, but rose versus the euro, as Greece won’t receive rescue until nation’s leaders would accept deeper budget cuts demanded by other members of the European Union.

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