The Japanese yen is holding steady on the Forex market today after interest rate was left unchanged at 0.5% and the stock markets fell slightly. The new head…
Posts published in April 2008
Pound Slides as House Prices Fall 2.5%
The Great Britain pound fell sharply today against dollar, euro and yen as the house prices fell in March by 2.5%, indicating that the countrys mortgage market slump is not over yet. Halifax House…
ZAR Gains on Rising National Reserves
The South African rand grew today against the U.S. dollar (and the other world currencies too, because dollar is rising today) as the report showed an increase in the…
Dollar Aimed for Weekly Gain over Yen
The U.S. dollar is heading for the fastest weekly gain in more than four years versus the Japanese yen as the financial markets get a feeling of relief from the…
Canadian Dollar Continues Appreciation
The Canadian dollar continued its two-day growth against the U.S. dollar and the Japanese yen today, as the commodity markets showed that are still able to grow.…
Dollar Stops Its 2 Days Growth
The U.S. dollar stopped its 2 days growth period and started to go bearish against other currencies today after the Asian trading session ended. Investors attention turned to the…
UAE Studying Dirham’s Peg to Dollar
The United Arab Emirates government has established a new committee, which purpose is to study the possibility of scrapping the dirhams peg to the U.S. dollar and the reasons to maintain this…