Posts published in December 2008

Chilean Peso Strengthens on Dollar Weakness

The Chilean currency appreciated to its monthly high against the U.S. dollar yesterday, as the greenback experienced a downfall against the high-yielding currencies and the peso performed better…

Read More

Dollar Down before Fed Rate Deciosion

The U.S. dollar continued to go down today against the euro and the yen as the traders expect a rate cutting decision from the Federal Reserve and the bailout…

Read More

Dollar Near 2-Month Low vs. Euro

The U.S. dollar dropped to the weakest level during the last 6 weeks against the European currency as the world’s stock markets rallied despite the delay in the U.S. automakers…

Read More

AUD Falls on Weak Business Confidence

The Australian dollar declined today against the U.S. dollar and the Japanese yen as the country’s stock markets fell after the report on the November business confidence came…

Read More

Yen Drops as Stock Markets Rally

The Japanese yen went down rapidly against the other currencies today as the European and Asian stock markets rallied on expectations for the effect from the global…

Read More

Russian Ruble Near 3-Year Low vs. Dollar

The Russian central bank widened the trading band for the ruble today as the Russia’s main exports — crude oil and metals continued to depreciate on the global markets. The Bank of Russia allowed the ruble to depreciate by 30 kopecks today at the beginning…

Read More

Swedish Krona Near 5-Year Low on Rate Cut

The Swedish krona advanced it’s yearly low levels against the U.S. dollar today as the country’s central bank surprised the market participants with the biggest rate cut in the…

Read More