The Australian dollar reached the new monthly maximum the Japanese yen as the stock markets signaled growth for a third day on improved earnings of the banks. The currency…
Posts published in March 2009
Japanese Yen Falls for Third Day against Euro
The yen declined for the third day in a row against the dollar, the euro and the pound today as the Bank of Japan decided to buy the government debt…
New Zealand Dollar Surges to Monthly High
The New Zealand dollar propelled to the monthly high against the U.S. dollar today, rising for the second day, as the stock marked continued to grow globally, improving…
Yen Gains vs. Dollar for Third Day
The Japanese yen rose against the U.S. dollar for the third day in a row today as the global recession boosted the demand for the «safe haven» currencies,…
Yen Gains as Chinese Exports Slump
The yen rose today against the other major currencies on Forex as the Chinas exports declined at a record fast pace and the largest Swiss bank reported an increased loss. According…
Korean Won Rises as Asian Stocks Gain
The South Korean won rose for the third day against the U.S. dollar today as some Asian stock markets showed the growth and the high-yielding currencies…
Pound Falls on HSBC’s Bad Loans
The British pound fell against all major currencies today on the concerns that the United Kingdoms largest bank will have a disastrous time handling the bad loans of its…
USD Falls as Financial Turmoil in U.S. Worsens
The U.S. dollar declined today against the other major currencies, after showing a good performance yesterday, as the investors expect that the labor market reports, that are…
Indian Rupee Approaches Recent Record-Low
The Indian rupee declined against the U.S. dollar today, almost reaching a new record-low level, as the domestic companies converted to dollars in order to pay for the imported goods.…
Dollar Up on Deeper Financial Turmoil
The U.S. dollar rose against the the Japanese yen and the Australian dollar today as the investors sought the safety for their funds after the yesterdays optimism…