Both Australian and New Zealand dollar continued to rise today after the yesterdays fast growth as the investors remained confident in the stock markets improvement and in the carry trade.…
Yen and Franc Decline on Rising Stocks
The Japanese yen declined today from its recent high values against the U.S. dollar, pound and euro as the global stock markets gained and the high-yielding assets looked more attractive than on the last…
Indian Rupee Appreciates on Market Revival
The Indian rupee rose significantly today on Forex as the markets were restoring from the recent sharp fall and the economies of the developing countries started to receive more…
Chilean Peso Falls on Lower Copper Price
Chilean peso fell from its recent record high value against the U.S. dollar yesterday as the copper price slid down significantly on the global concerns of thedecveloped economies slowdown.…
Inflation Pushes Yuan to Highest Rate
The Chinese yuan rose to the highest rate against the U.S. dollar since the end of the yuans peg to dollar in 2005 as the government is believed to start fighting the domestic inflation…
Was It the Last Rate Cut in Cycle?
Yesterday the Federal Reserve lowered the benchmark interest rate from 3.00% to 2.25% to help the banking institutions during the times of global financial turmoil, but will the…
Australian Bank Lower U.S. Dollar Forecasts
According to Australias largest mortgage provider, Commonwealth Bank of Australia, the U.S. dollar will perform worse than experts previously expected for this year. The strengthening financial crisis in the…
Dollar at New Lows against Euro, Yen
The U.S. dollar went down to the new record low levels against the European and Japanese currencies today during the Asian trading session on Forex as the Federal…
EU Leaders Include Strong Euro Reference
European leaders decided to include the strong euro reference to their two-day Brussels meeting conclusion, which is to be released today. Earlier today, this conclusion was expected to come out without…
Yuan at Highest Rate since 2005
The Chinese yuan rose to its new highest rate against the U.S. dollar since the end of a currencys peg to the dollar in 2005. The dollar weakened on the international currency…
USD at Record Low against Euro, Yen
The U.S. dollar reached a new historical minimum against the euro today; it also fell below the 12-year old minimum level against the Japanese yen on the expectations…
Rand Gains for a Fourth Day
The South African rand gained against the U.S. dollar for the fourth day today as the stock markets throughout the world were stimulated by the Federal Reserves decision…