The Europes currencies posted a daily drop against the U.S. dollar after showing a moderate volatility during the early trading session after the regional central banks cut the interest rates at an unexpectedly large scale. An increased volatility on the Forex market …
The U.S. dollar strengthened its position against the euro and the British pound as the investors believe that Barack Obamas clear victory in the U.S. presidential elections will help him to take measures soon to revive the worlds biggest economy. The …
The Australian dollar reversed its yesterday gains versus the U.S. dollar and the yen after the Reserve Bank of Australia announced its decision to reduce the target cash rate today. The Australian currency was falling significantly against …
The Great Britain pound gained today against the other major currencies as the growth on the global stock markets spurred optimism and the high-yielding pound showed a stronger reaction to this uprise. The British currency was among the worst …
The Japanese yen gained versus the dollar, the euro and the pound today after the traders saw the signals of more troubles in the global financial system as the Bank of Japan cut the interest rate. The Bank of Japan …
The Australian dollar rose against the U.S. dollar and the Japanese yen for the third day today after the rate cut in U.S. and a moderate decline in the global risk-aversion. The Aussie gained against the U.S. dollar …
The U.S. dollar traded with an alternate success against the other major currencies as the investors are uncertain before the Feds interest rate meeting today and the state of the global financial system. After a strong growth on the U.S. stock …
The Japanese yen posted the first daily decline against the euro and the pound and the second against the U.S. dollar as the Asian stock markets rebounded and the intervention talks arose in Japan. The extremely fast …
The South Korean won continued its decline against the U.S. dollar after the Bank of Korea unexpectedly cut the interest rates by the record value of 75 basis points today, struggling against the worst crisis since 1998 Asian financial crash. …
The Japanese yen rose up to the 13-year high versus the U.S. dollar and the new long-term maximums against the other major Forex currencies today as the high risk carry trades were shunned by the traders. The yen also …