Posts published in December 2008

The U.S. dollar began today’s trading session with a rather strong decline against the euro, after posting a significant gain yesterday, as the investors expect the oil prices to surge…

The U.S. dollar declined today against the other major currencies and especially against the euro as the traders expect weak macroeconomic reports to continue coming out from…

The Russian ruble declined to the new record low level against the euro and the 2-year low against the U.S. dollar today as the country’s central bank allowed further depreciation of the ruble to stimulate the exporters. The Bank of Russia…

The Japanese yen gained against its major currency counterparts on the global Forex market today as the stocks fell and the demand for the Japan’s currency rose. The…

The Canadian dollar declined today against its U.S. counterpart for the fourth straight day as the oil prices continued to fall globally. Following the expiration of the January crude oil futures the price has briefly…

The British pound fell against the other major currencies today, most notably against the euro, as the market participant expect that the Bank of England will continue…

The President of the Republic of Ecuador, Rafael Correa, said yesterday that the U.S. dollar will remain as the country’s main currency as the economic crisis offers harsh times for…

The yen advanced against all other major currencies today after the Bank of Japan announced a rate cut to a near-zero level and the investors ran from the risky…

The Japanese yen posted its first daily drop against the U.S. dollar after 5 days of gains as the Japan’s Finance Minister said that the currency intervention will be used…

The Australian dollar rose slightly against the U.S. dollar and reached a new 2-month high level today as the dollar still suffers from the near zero interest…