The Korean won reached the lowest level against the U.S. dollar since 1998 today as the countrys stock market fell for the eight day in a row and the foreign investors continued to pull-out the funds. Despite the measures taken by the …
The Japanese yen rose slightly today after losing for the two days on the currency trading market as the U.S. bail-out plans failed to raise the confidence in the high-yielding assets, favoring the yen as the safe-haven currency. Investors has …
Singapore dollar declined for the sixth day against they U.S. dollar today as the countrys monetary authorities will probably use the weak national currency as a stimulus for the export-producing economy. All major worlds central banks reduced their target interest …
The Japanese yen declined against the other currencies today after opening with a positive weekly gap as the worlds third largest economy contracted for the two consecutive quarters according to the Japans government. The Gross domestic product (GDP) decreased 0.1 percent …
The Japanese yen rose against the U.S. dollar, the euro and the pound today after posting a huge loss yesterday and the traders reviewed their outlook of the global recession process. The Group of 20 nations summit is starting today …
The Great Britain pound continued to trade below the psychologically and technically important level of $1.5 per pound for the second day today as the recession continued to show up at its worst in Europe and the U.S. rescue plans changed. The pound …
The Japanese yen fell against the U.S. dollar and the other major currencies today after the money-market lending conditions eased and the traders expect a positive opening from the U.S. stock market judging from the current …
The Great Britain pound continued to fall today against the other major currencies after reaching the all-time low against the euro as the home sales report showed the lowest level in the last 30 years. The Royal Institution of Chartered …
The Australian and New Zealand dollars rose against the U.S. dollar and the Japanese Yen compared to the last Fridays close levels as the China said that the government will provide $586 billion of liquidity help to the national economy. The …
The U.S. dollar declined against the euro and the British pound as the traders expect that the release of the important employment data from U.S. will show the worst contraction since 2003 today. After two days of falling against …