The Thai baht continued its decline against the U.S. dollar today and touched its lowest level in the last 21 months as the political protests and the civil…
Posts published in “News”
British Pound Declines before GDP Report
The British pound fell today against the U.S. dollar and the yen, following the three days of growth, as the traders expect the GDP report to confirm a decline…
Yen Gains after Two Days of Losses
The Japanese yen rose today against the major currencies after losing for two days as the U.S. macroeconomic reports will show the worsening of the crisis, according…
Korean Won Close to Decade Low Again
The South Korean won continued its decline against the U.S. dollar today despite the other Asian stocks rebound caused by the U.S. governments intentions to bail-outCitigroup. The won almost renewed its decade low…
Canadian Dollar Slid This Week as Oil Declined
The Canadian dollar declined against the U.S. dollar for the second week in a row as the oil and commodities prices continued to drop on the worsening global economy outlook.…
Malaysian Ringgit Falls with Emerging Markets
The Malaysian ringgit declined slightly today and also posted its third weekly drop against the dollar this week as the emerging stock markets and currencies lived…
Indian Rupee Falls to Record Low
The Indian rupee fell to the record low level against the U.S. dollar today as the Asian stock markets followed the path of the U.S. equities and declined…
KRW Reaches Decade Low on Stock Slump
The Korean won reached the lowest level against the U.S. dollar since 1998 today as the countrys stock market fell for the eight day in a row and the foreign…
Yen Gains After Two Days of Decline
The Japanese yen rose slightly today after losing for the two days on the currency trading market as the U.S. bail-out plans failed to raise the confidence in the…
Singapore Choose to Depreciate Its Currency
Singapore dollar declined for the sixth day against they U.S. dollar today as the countrys monetary authorities will probably use the weak national currency as a stimulus for the…