Posts published in March 2009

The Japanese yen declined today against the other major currencies as the stock markets corrected after the yesterday’s fall and the yen became too overbought. The traders…

The Japanese yen rose against all other major currencies today as the traders reacted on the possible bankruptcy of the U.S. automakers and the global optimism for the…

The Malaysian ringgit reached its monthly high today on the traders’ speculations that the demand for the emerging markets’ assets will increase as the recession eases. The…

The South Korean won, which is the outsider among the Asian currencies in the current year, rose to near the 2-month high against the U.S. dollar today as the…

China’s calls for creation of the super-national currency specifically for the global foreign exchange reserves state not only the Chinese point of view that the dollar is going to depreciate…

The Japanese yen declined against the other major currencies today as the Forex traders speculated that the U.S. plan to buy out the toxic assets is going to hurt…

The dollar continued its decline against the euro and the pound today as the currency traders believe that the bank help plans by the U.S. administration will…

The U.S. dollar is currently heading for its worst week against the single European currency since the inception of euro on the market’s prolonged reaction to the Fed’s pledge to increase dollar…

The euro fell against the dollar and the yen today following the yesterday’s unprecedented rally as the market participant speculate that ECB will have to follow Fed’s money-printing trend.…

The Great Britain pound declined against the other major currencies today on speculations that the employment report that is scheduled for the release today will show that…