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…
Posts published in “News”
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…
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.…
Australian Dollar Falls on Stock and Oil Drop
The Australian dollar fell today against the Japanese yen after the U.S. stocks failed to demonstrate Mondays growth and the Japanese Nikkei showed poor dynamics during the…
Yen Loses Ground after European Bailouts
The Japanese currency fell for a third day today after the the investors gained more confidence that the governments of the developed countries will bailout the troubled…
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…
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…
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 countrys markets amid deepening…
Yen’s Gains Reverse after Massive Rate Cut
The Japanese yen fell against other major currencies today after reaching record highs yesterday as the massive rate cut by the worlds major central banks inspired some confidence…
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…