Posts published in September 2008

Pound Rises vs. Dollar on Rate Cut Bets

The British pound rose today against the U.S. dollar as the traders started to bet on the interest rate cut in the United States based on the recent catastrophic developments…

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Buy AUD for NZD Can be Next Big Trade Idea

The Australian currency may experience considerable gains against the New Zealand dollar soon as the New Zealand’s central bank showed commitment to the extreme rate cutting in the fear…

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Chinese Yuan May Slowdown on Lower CPI

The Chinese yuan traded almost unchanged in price against the U.S. dollar today after posting a significant gain yesterday on speculations that the central bank will reduce the…

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Pound May Fall 20% More before 2009

The Great Britain pound returned to its declining trend today even after the big positive opening gap this week. Analysts believe that this year may become…

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