Posts published in “News”

Chilean Peso is the Worst Performing Currency

The Chilean peso became the worst performing currency in the last three months as the inflation soared and the central bank kept supporting exporters. The peso dropped 11.8 percent against the U.S. dollar during the last three…

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Rand Goes for a Fifth Weekly Gain

The South African currency headed for its fifth straight weekly growth against the U.S. dollar today as the traders speculated on the higher demand for the local…

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AUD Gains on U.S. Credit Market Losses

The Australian currency rose its highest value in last 25 years against the U.S. dollar as the credit markets continued to lose on the mortgage lending crisis in the United States.…

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Dollar Gains against Yen, Euro, Pound

The U.S. dollar showed the first daily growth against the euro in last four trading days after the U.S. Treasury Secretary Henry Paulson announced the government’s funding…

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Indian Rupee Heading for Weekly Gain

The Indian rupee is more likely to end this week in a positive zone against the U.S. currency as the investors expected that the companies’ good reports will attract traders…

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Chinese Yuan at New High vs. Dollar

The Chinese yuan continued its general appreciation trend today and rose against the U.S. dollar and other major currencies as the traders believed that the central…

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Australian Dollar Fell on Less Home-Loans

The Australian dollar declined today on Forex during the Asian trading session after the report on home-loans showed a massive decline in the sector and the consumer sentiment index…

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Yen Advances on Stocks Downfall

The Japanese yen rose against all other major currencies today on Forex as the stock markets declined in Asia and Europe, while the investors became concerned about more…

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