Posts published in April 2009

The euro fell this Friday against major currencies and hit a one-month low against the dollar after ECB President Jean Paul Trichet failed attempt to unite the…

The kiwi had its worst week in a two-month period against the yen as slumping growth in China indicates that the recession is far from its ending. Several factors made…

An economic report showed that the Chinese economy had the slowest growth in almost a decade, this favored the yen against high-yielding currencies. Several factors pushed the yen…

The increasing confidence in Prime Minister Gordon Brown helped the pound to rally to $1.50 for the first time in three months. The pound sterling has been showing a significant rise…

Great Britain pound traders’ optimism, suggested by the currency options market, indicate that a strong bullish sentiment against the euro is currently active on the Forex market.…

The Aussie and the kiwi lost ground against major currencies as producer prices and retail sales fell in the United States, changing the speculations about the global…

The decline in the Japanese stock market spurred a wave of growth for the Japanese yen today as the investors still unsure whether the recession trends are over or not…

The currencies of Australia and New Zealand advanced against the Japanese yen and the U.S. dollar on the Forex market today as the traders clearly favored risk-ridden high-yielding…

The U.S. dollar continued to gain today after the yesterday’s rather significant rally as the speculations that the world’s biggest economy is soon to leave its recession period arise. The dollar…

The Korean won advanced at a fastest pace among the most-traded Asian currencies today as the risk-aversion that prevailed earlier this week ended unexpectedly and the outlooks for…