Posts published in “News”

Chinese Yuan May Slowdown on Lower CPI

The Chinese yuan traded almost unchanged in price against the U.S. dollar today after posting a significant gain yesterday on speculations that the central bank will reduce the…

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Pound May Fall 20% More before 2009

The Great Britain pound returned to its declining trend today even after the big positive opening gap this week. Analysts believe that this year may become…

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Euro Rose on ECB Rate Signals

The euro rose today against the dollar and yen for the second day and for the third day against the Great Britain pound after the…

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Dollar Goes Down on Credit Market Losses

The U.S. dollar declined at a fastest pace in a month against the Japanese currency today as the credit market losses extended and the Federal Reserve probably won’t be able to raise the…

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Pound Fell vs. USD, Euro before BoE Minutes

The Great Britain pound traded lower before the Bank of England’s release of the monetary policy minutes today. After the release, pound continued to slide down against both the greenback and the euro. The  U. K. currency…

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Pound Falls Against Dollar and Euro

The Great Britain pound fell almost to its recent 2-year low against the U.S. dollar today as the member of the Bank of England monetary policy committee forecasted that…

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