Posts published in April 2008

The South Korean won fell sharply against the U.S. dollar this week and reached its monthly low against the USD today despite the very weak…

The Japanese yen continued its fall against the high yielding currencies today, especially against a very strong bullish euro, and reached 3-month minimum value against it, as the…

The U.S. dollar fell down to another historical minimum level against the euro today, as the strong technical resistance has been breached and the fundamental economic statistics…

Italy’s soon-to-be newly elected prime minister, Silvio Berlusconi, pledged to ally with the president of France, Nicolas Sarkozy, in his strife to persuade ECB to weaken the united Europe’s currency by the means…

Great Britain pound fell down to a new absolute minimum level against the euro today as the fresh economic data from U.K. signaled that the output growth will…

The U.S. dollar has retreated from its impressive gain on this week opening on the Forex market and is now trading inside its usual recent daily bearish trend…

The U.S. dollar may probably slow down in its currently strong bearish trend against the other world currencies after the G7 meeting participants expressed their concern about…

The Central Bank of Chile will be buying the U.S. dollars in 2008 in order to stimulate the economy by the weaker national currency. This year, starting April 14 Chile’s central bank will be buying…

The Chinese yuan ended the domestic OTC trading session today below 7 yuan per U.S. dollar level  for the first time since the end of the peg…

Both Bank of England and the European Central Bank acted as expected today during their monetary policy meetings  BoE cut the interest rate to 5.00% and ECB left them unchanged at 4.00%. Facing…