The Japanese yen gained versus the dollar, the euro and the pound today after the traders saw the signals of more troubles in the global financial system…
Posts published in October 2008
Australian Dollar Rises for the Third Day
The Australian dollar rose against the U.S. dollar and the Japanese yen for the third day today after the rate cut in U.S. and a moderate decline…
Dollar Uncertain Before Interest Rate Decision
The U.S. dollar traded with an alternate success against the other major currencies as the investors are uncertain before the Feds interest rate meeting today and the state…
Yen Snaps Earnings amidst Intervention Talks
The Japanese yen posted the first daily decline against the euro and the pound and the second against the U.S. dollar as the Asian stock markets…
Won Falls After Unexpected Rate Cut by BoK
The South Korean won continued its decline against the U.S. dollar after the Bank of Korea unexpectedly cut the interest rates by the record value of 75 basis points…
Yen at 13-Year High vs. Dollar on Higher Risks
The Japanese yen rose up to the 13-year high versus the U.S. dollar and the new long-term maximums against the other major Forex currencies today as the high…
Rupee Declines More as Stocks Tumble
The Indian rupee continued to fall against the U.S. dollar and the Japanese yen today as the Asian stock markets fell again, spurring the outflow of the capital…
Pound Slides on King’s Recession Outlook
The Great Britain pound dropped to the lowest rates in several years against the dollar and the yen and the weekly low against the euro today after…
Dollar Strengthens after Stimulus Proposal
The U.S. dollar rose today against other major currencies, except the yen, after the Federal Reserve Chairman Ben Bernanke proposed further measures to provide more liquidity…
Japanese Yen Falls after Bank Rescues
The Japanese yen fell today against the high-yielding currencies (including the Forex majors) after the bank-rescuing measures of the various global central banks helped to cut the…