Posts published in June 2009

Russian Ruble Climbs on Oil Uptrend, Stocks Rally

The Russian ruble posted gains against the U.S. dollar for the third day in a row, as the demand for oil increases, causing the Russian stock market to have the highest rally since the beginning of the global slump. Since…

Read More

Dollar Slides as GM May Announce Bankruptcy

The dollar fell against currencies in Asia in the beginning of this week’s session, as General Motors may file for bankruptcy this Monday. General Motors Corp. a company which was once…

Read More