The Asian currencies declined today against the U.S. dollar as the delay of the U.S. financial rescue plan may diminish the attractiveness of the risk-ridden regional currencies in conjunction with the economic output decline in Asia. The basket…
The Chinese yuan rose today to its new highest level against the dollar as the Forex traders reacted on the U.S. bank-rescue plan of dumping $700 billion into the economy…
Henry Paulsons plan to rescue the financial institutions tied with the illiquid mortgage assets will not only cost U.S. $1 trillion of tax-payers money, but it may also end the…
The U.S. dollar rose fastest in more than a month against the Japanese yen today after the financial markets soared stimulated by the joined effort of the U.S., Eurozones and…
The Japanese yen fell today against the other major currencies on Forex after the central bank of the developed countries said that they will act together to provide…
The Great Britain pound fell against the euro, while being moderately up against the other major currencies, after the release of the BoEs minutes and the jobless claims…
The Japanese yen rose to the new monthly and yearly maximum against the other major currencies traded on Forex today as the situation with the financial crisis worsened…
The British pound rose today against the U.S. dollar as the traders started to bet on the interest rate cut in the United States based on the recent catastrophic developments…
The Australian currency may experience considerable gains against the New Zealand dollar soon as the New Zealands central bank showed commitment to the extreme rate cutting in the fear…
The U.S. dollar continued to grow today for the fourth day against the euro on speculation that the problems are more serious for the European economy than…