Posts published in January 2009

Pound Gains against Euro

The British pound rose against the euro today along with some other major currencies as the euro suffers from the trade balance deficit, while the traders…

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Dollar Weakens before Important Reports

The U.S. dollar declined today against the other major currencies, except yen, after rallying for three days, as the investors sought a technical correction before some important…

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NZD Drops as Credit Rating Outlook Revised

The New Zealand dollar dropped to the monthly low against the U.S. dollar today as the S&P rating agency revised the country’s foreign currency credit rating outlook from stable…

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Korean Won Declines on Rate Cut

The South Korean won continued to decline against the U.S. dollar today almost completing a third week of drop as the country’s central bank reduced the interest rate to the record…

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AUD, NZD Down on Aroused Risk Aversion

The Australian and New Zealand dollars both showed a second day of decline today on the Forex market as the stocks, commodities and the confidence in the fast recovery from…

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