Pound Falls on Account Deficit

The commentary on the current account deficit in United Kingdom pulled the Great Britain pound down today, as it added one more reason for the British currency to be less favored…

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Australian, N.Z. Dollars Rise for Second Day

Both Australian and New Zealand dollar continued to rise today after the yesterday’s fast growth as the investors remained confident in the stock markets’ improvement and in the carry trade.…

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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…

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Chilean Peso Falls on Lower Copper Price

Chilean peso fell from it’s 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.…

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Inflation Pushes Yuan to Highest Rate

The Chinese yuan rose to the highest rate against the U.S. dollar since the end of the yuan’s peg to dollar in 2005 as the government is believed to start fighting the domestic inflation…

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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…

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Australian Bank Lower U.S. Dollar Forecasts

According to Australia’s 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…

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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…

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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…

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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 currency’s peg to the dollar in 2005. The dollar weakened on the international currency…

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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…

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