Posts published in “News”

Dollar Weakens before Important Reports

The U.S. dollar declined today against the other major currencies, except yen, after rallying for three days, as the investors sought a technical correction before some important…

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NZD Drops as Credit Rating Outlook Revised

The New Zealand dollar dropped to the monthly low against the U.S. dollar today as the S&P rating agency revised the country’s foreign currency credit rating outlook from stable…

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Korean Won Declines on Rate Cut

The South Korean won continued to decline against the U.S. dollar today almost completing a third week of drop as the country’s central bank reduced the interest rate to the record…

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AUD, NZD Down on Aroused Risk Aversion

The Australian and New Zealand dollars both showed a second day of decline today on the Forex market as the stocks, commodities and the confidence in the fast recovery from…

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Dollar Declines on Oil Shortage Expectations

The U.S. dollar began today’s trading session with a rather strong decline against the euro, after posting a significant gain yesterday, as the investors expect the oil prices to surge…

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Russia’s Ruble Hits New Bottoms

The Russian ruble declined to the new record low level against the euro and the 2-year low against the U.S. dollar today as the country’s central bank allowed further depreciation of the ruble to stimulate the exporters. The Bank of Russia…

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