The Moodys Investors Service declarations that finances would be deteriorating in Britain brought the pound further down against the yen and the euro. The pound failed to recover against major currencies after negative domestic statements…
The dollar and the yen lost ground against the euro, as an index of services and industrial production in Europe showed better than estimate numbers, creating speculations of an economic recovery…
The New Zealand and the Australian dollar went up as rumors about a credit market recover spread amid investors this Thursday. After a substantial drop during the beginning of the…
The yen had a significant rise today against major currencies, rumors that losses in the U.S. banks will go further brought investors to buy Japanese assets, considered a «safe harbor»…
After 3 days of sequential losses, the South Korean won had its first session of gains as the American Treasury Secretary Timothy Geithner affirmed that most banks in the U.S.…
Speculations that U.S. banks losses may increase moved the Australian dollar to a level very close to the lowest in 3 weeks. After the Bank of America Corp. increased its future…
After 3 days of gains, the Japanese currency weakened against the dollar and the euro before an eventual trade deficit that may be reported by the government for the last month period. The Japanese currency had consistently risen…
The euro weakened against the yen and slid to a one-month low against the U.S. dollar as the ECB policy makers are failing to reach…
The Confederation of British Industry is expecting the economy to contract even further than previous forecasts, such pessimism brought the pound to a one-week low against the greenback. Several reasons…
The Canadian dollar had the second day of losses against the greenback after a report indicating that the inflation slowed during the last month. The one-year inflation…