Posts published in August 2008

Euro Rose on ECB Rate Signals

The euro rose today against the dollar and yen for the second day and for the third day against the Great Britain pound after the…

Read More

Dollar Goes Down on Credit Market Losses

The U.S. dollar declined at a fastest pace in a month against the Japanese currency today as the credit market losses extended and the Federal Reserve probably won’t be able to raise the…

Read More

Pound Fell vs. USD, Euro before BoE Minutes

The Great Britain pound traded lower before the Bank of England’s release of the monetary policy minutes today. After the release, pound continued to slide down against both the greenback and the euro. The  U. K. currency…

Read More

Pound Falls Against Dollar and Euro

The Great Britain pound fell almost to its recent 2-year low against the U.S. dollar today as the member of the Bank of England monetary policy committee forecasted that…

Read More

Atlanta Fed Chief Prefers Current Rates

Dennis Lockhart, Federal Reserve Bank of Atlanta President, said that he prefers the current interest rate as the uncertainty regarding the growth and inflation prevails in U.S. He thinks that…

Read More

Poland Needs to Adopt Euro More Urgently

According to Regional Development Minister of Poland Elzbieta Bienkowska, euro should be adopted as soon as possible because zloty’s appreciation partially eliminates the value of the financial aid made by European Union and…

Read More