The Chilean currency appreciated to its monthly high against the U.S. dollar yesterday, as the greenback experienced a downfall against the high-yielding currencies and the peso performed better than the other regional currencies. Yesterdays growth of EUR/USD and GBP/USD allowed …
The U.S. dollar continued to go down today against the euro and the yen as the traders expect a rate cutting decision from the Federal Reserve and the bailout of the U.S. automakers. While both interest rate cut and the …
The stock markets fell down greatly today pushing the Japanese yen up to its highest level since mid 90s against the U.S. dollar and the Great Britain pound as the GM and Chrysler chances to survive narrowed after the U.S. lawmakers …
The U.S. dollar dropped to the weakest level during the last 6 weeks against the European currency as the worlds stock markets rallied despite the delay in the U.S. automakers bail-out. As it has become known yesterday, the $14 billion bail-out plan to rescue …
The Japanese yen is showing another negative trading day this week as the currency traders follow the stock market optimism and buy the currencies associated with the high risk and yield. The yen fell against the Australian …
The Australian dollar declined today against the U.S. dollar and the Japanese yen as the countrys stock markets fell after the report on the November business confidence came out showing the record low reading for the index. The …
The Japanese yen went down rapidly against the other currencies today as the European and Asian stock markets rallied on expectations for the effect from the global anti-crisis measures. The bail-out of the Detroit automakers has been almost …
The Russian central bank widened the trading band for the ruble today as the Russias main exports — crude oil and metals continued to depreciate on the global markets. The Bank of Russia allowed the ruble to depreciate by 30 kopecks today at the beginning of the currency trading session. It was the fourth time since November 11 when the central …
The Swedish krona advanced its yearly low levels against the U.S. dollar today as the countrys central bank surprised the market participants with the biggest rate cut in the last 16 years to prevent the economy from contracting. The official repo …
The euro declined today against the U.S. dollar, almost snapping the yesterdays gain, as the traders expect the weak data on the Eurozone retail sales after PMI shrank in the leading Eurozone economies. The European currency came close to the …