The U.S. dollar along with the yen declined against almost all other major currencies today as the traders expect that the bank bailout plan will be adopted…
Posts published in “News”
Rupee Opens Higher Today on Stocks Revival
The Indian rupee advanced against the U.S. dollar during the Forex trading session opening today as the stock markets showed some strength world-wide and the investors…
NZD Falls as Service Industry Contracts
The New Zealand dollar declined against the U.S. and Australian currencies today as the countrys services industry continued to decline for a ninth month in a row last December, according the…
Swiss Franc Grows against Euro
The appeal for the stock markets declined and the low-yielding assets became more attractive, boosting the demand for the Swiss franc against the Euro for…
SGD Up as Traders not Sure in Policy Change
The Singapore dollar gained against the U.S. dollar for the second day today as the traders reduced their bets that the monetary authorities are going to use…
Pound Hits New Record Low vs. Yen
The British pound fell to the record low level against the Japanese yen and declined significantly against the other major currencies today as the market participants are…
Yen Breaks Through Record High vs. Pound
The Japanese yen remains the newsmaker amidst the global financial crisis as it reaches the all-time high levels against the British pound and is outperforming the high-yielding currencies.…
Emerging Markets Less Attractive, Yen Rises
The Japanese yen rose today against the U.S. dollar and recovered the gap-losses against the euro and the pound after the Russias central bank devalued the…
Pound Gains against Euro
The British pound rose against the euro today along with some other major currencies as the euro suffers from the trade balance deficit, while the traders…
Yen Grows on Stocks Slump and Bad Reports
The Japanese yen continued to advance today against the dollar, the euro and the British pound as the the other major currency pair are stuck in the neutral…