The U.S. dollar continued to grow today during the Asian trading session as the traders followed the Fridays trend and are now expecting some hawkish commentaries from the…
Posts published in “News”
NZD Risks Falling Low against Yen
According to the analysts from Citigroup Global Markets Inc., the New Zealand dollar may experience the lowest value against the Japanese yen in more than 10 month if it closes…
Bank Indonesia Raises Borrowing Costs
The Bank Indonesia increased the interest rates today for its third meeting in a row to efficiently fight the accelerating inflation caused by the growing food and oil prices.…
Dollar at 2-Month Minimum versus Euro
The U.S. dollar reached its lowest value against the European currency in more than two months today as the traders are waiting ADP report on the June jobs…
Yen Shows Growth on Moody’s Rating
The Japanese yen showed some really strong growth against the other Forex most-traded currencies today as the investors favored the Moodys upgrade of the Japans yen debt rating. Despite…
AUD at 25-Year High against Greenback
The Australian dollar reached a record high value since February 1983 against its counterpart from the United States today as the USD slumped and the commodity currencies grew…
Currency Volatility Down at 2001 Value
The currency market volatility fell to its lowest values since the second quarter of 2001, signaling that the central banks probably wont interfere into the Forex trading to support…
NZD Headed for Weekly Loss
The New Zealand dollar continued to lose against other currencies today (except the U.S. dollar) as the economy contracted in the first quarter and the expectations that the central bank will cut the interest rate rose.…
Yen at Record Low against Euro
The Japanese yen reached another record low level against the Eurozone currency today as the ECB prepares to raise rates in July, while Japanese spendings may go abroad to seek…
USD Falling after FOMC Statement
The U.S. dollar dropped against the euro, pound and yen today after the Federal Reserve left the interest rate unchanged and released a statement showing no substantial…