Posts published in January 2009

Yen Grows against High-Yielders

The Japanese yen is currently positioned as the locomotive of growth on the Forex market as the global economic slowdown takes its toll, keeping the traders and investors away from…

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New Zealand Dollar Falls on Rate Cut

The New Zealand currency declined against the U.S. dollar, the yen and its Australian counterpart today after the country’s central bank decided to cut the interest rate…

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NZD Falls as Service Industry Contracts

The New Zealand dollar declined against the U.S. and Australian currencies today as the country’s services industry continued to decline for a ninth month in a row last December, according the…

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Swiss Franc Grows against Euro

The appeal for the stock markets declined and the low-yielding assets became more attractive, boosting the demand for the Swiss franc against the Euro for…

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Pound Hits New Record Low vs. Yen

The British pound fell to the record low level against the Japanese yen and declined significantly against the other major currencies today as the market participants are…

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Yen Breaks Through Record High vs. Pound

The Japanese yen remains the newsmaker amidst the global financial crisis as it reaches the all-time high levels against the British pound and is outperforming the high-yielding currencies.…

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