Posts published in “News”

Japanese Yen Falls after Bank Rescues

The Japanese yen fell today against the high-yielding currencies (including the Forex majors) after the bank-rescuing measures of the various global central banks helped to cut the…

Read More

Korean Won Recovers from Record Low

The South Korean won rose today against the U.S. dollar, after posting a largest drop in more than 10 years yesterday, as the financial markets showed growth in U.S. and…

Read More

Malaysian Ringgit at 21-Month Low

The Malaysian ringgit declined to the lowest level in more than 21 months today as the concerns about the global economy growth rose and the stock markets tumbled world-wide.…

Read More

Bank Guarantees Help Euro to Rise

The European currency rose today at the highest rate in the last three weeks against the U.S. dollar after the European leaders pledged to guarantee bank borrowings. The…

Read More

CAD Weakest since March 2007 on Oil Slump

The Canadian dollar fell to the weakest level against the U.S. dollar in more than 18 months after crude oil and commodity prices fell significantly on speculation that the…

Read More

Rupee Falls to Record Low on Rate Cuts

The Indian rupee fell to the new record low level versus the U.S. dollar today as the foreign investors pulled out capital out of the country’s markets amid deepening…

Read More

Japanese Yen Breaks Past 100 per Dollar

The Japanese yen demonstrated a breakthrough growth against almost all major currencies today as the stocks tumbled globally and traders sought the «safe haven» assets. The yen…

Read More