To learn more click here
The greenback declined against the euro and other major currencies, after US economic data boosted equities, while the Japanese yen ended a short-lived drop against several rivals after the Bank of Japan surprised markets by expanding its own asset-purchase program.
The ICE dollar index, which measures the greenback against a basket of six currencies, fell to 79.113 versus 79.226 late Tuesday in North America.
Sales of previously owned homes and work on single-family projects climbed in August to the highest levels in two years, signaling the residential real-estate market is contributing to the U.S. economic recovery
Bank of Japan boosted its asset purchase program by 10 trillion yen ($127.21bn) to 80 trillion yen, following the US Federal Reserve's stimulus plan last week, in a bid to boost the chances of an economic recovery.
The Swiss government Tuesday said the global economic slowdown will weigh on Switzerland's economy over the coming quarters, though it doesn't expect a "marked recession" due to robust domestic demand and the central bank's floor for the euro-Swiss franc exchange rate.
The head of the European Central Bank, Mario Draghi, will discuss the state of economic and currency union in the euro zone with German Chancellor Angela Merkel in Berlin next Tuesday, a senior German source said on Wednesday -
Dow Jones Newswires reported that the German government isn’t only insisting on a strict separation of bank supervision and monetary policy in Europe, but also wants a separate body that would give large states more say on supervisory questions.
A German two-year debt auction that saw the strongest demand since January, on concerns over Spain's reluctance to seek a bailout and activate European Central Bank bond-buying pushed Bunds higher.
Standard and Poor's reaffirmed Australia's AAA rating.
New Zealand’s economic growth slowed less than economists forecast last quarter amid stronger farm output and construction, bolstering a local currency that’s the strongest among major developed nations this year
Canada’s currency declined against the majority of its 16 most traded peers as crude oil tumbled for a third day amid skepticism global central banks can boost economic growth through monetary-stimulus measures.