The yen rose today against the other major currencies on Forex as the Chinas exports declined at a record fast pace and the largest Swiss bank reported an increased loss. According…
Yen Gains as Chinese Exports Slump
March 11, 2009
Korean Won Rises as Asian Stocks Gain
March 10, 2009
The South Korean won rose for the third day against the U.S. dollar today as some Asian stock markets showed the growth and the high-yielding currencies…
Pound Falls on HSBC’s Bad Loans
March 9, 2009
The British pound fell against all major currencies today on the concerns that the United Kingdoms largest bank will have a disastrous time handling the bad loans of its…
USD Falls as Financial Turmoil in U.S. Worsens
March 6, 2009
The U.S. dollar declined today against the other major currencies, after showing a good performance yesterday, as the investors expect that the labor market reports, that are…
Indian Rupee Approaches Recent Record-Low
March 5, 2009
The Indian rupee declined against the U.S. dollar today, almost reaching a new record-low level, as the domestic companies converted to dollars in order to pay for the imported goods.…
Dollar Up on Deeper Financial Turmoil
March 4, 2009
The U.S. dollar rose against the the Japanese yen and the Australian dollar today as the investors sought the safety for their funds after the yesterdays optimism…
Aussie Rises as RBA Leaves Rate Unchanged
March 3, 2009
The Australian dollar went up against all other major currencies today after the countrys central bank decided to leave the policy interest rate unchanged, unexpectedly stopping its most…
EUR Fell as Eastern Europe May Not Get Help
March 2, 2009
The single European currency declined with a rather strong gap against the U.S. dollar and the Japanese yen today as the leaders of the developed Eurozone countries said…
Rupee to Post Worst Weekly Drop This Year
February 20, 2009
The Indian rupee declined against the U.S. dollar today and is currently ready to show the biggest weekly drop since the beginning of the year as the slump of the…
AUD Gains for 2nd Day as Confidence Grows
February 19, 2009
The Australian dollar showed the second day of growth against the U.S. dollar and the Japanese yen today as the traders feel a growing confidence in the Australian economy…
Euro Recovers From Yesterday Losses
February 18, 2009
The euro posted a moderate daily gain against the other major currencies today after some regional banks reported not-so-bad results for the fourth quarter of 2008. Among…
Euro Weakens before ZEW Survey
February 17, 2009
The European single currency reached its lowest level against the dollar since the early December as the Forex traders expect that the ZEW Survey report will…