The U.S. dollar gained against the euro today on Forex market for a third day in a row, as the yesterdays U.S. fundamental data reassured traders that the Federal Reserve will keep the interest rate unchanged on its next week meeting. Dollar …
The Indian rupee declined today to its monthly minimum level on the Forex market as the domestic companies had to purchase more U.S. dollars to pay for the imports, including oil. It was the second bearish day for the rupee, which …
The Australian dollar reached a fresh 24-year high against the U.S. dollar today as the consumer prices in Australia soared above the markets expectations in March and are now pressing on the central bank to go for the further interest rate hikes. March …
Euro reached a new historical maximum against the U.S. dollar today after another European Central Bank official stated that the bank will be acting thoroughly in order to keep the consumer price inflation rate down. According to Christian Noyer, the …
The Canadian dollar was falling slightly yesterday and today against the other world currencies as the traders expected the interest rate decision of the Bank of Canada monetary policy meeting, which is scheduled for 22nd of April. The total drop …
The U.S. dollar decline versus the European currency has slowed down recently as the investors relied on the intervention by the G7 to overcome the global currency imbalance and strengthen the dollar. Although the finance ministers of the Group of Seven countries …
The South Korean won fell sharply against the U.S. dollar this week and reached its monthly low against the USD today despite the very weak dollars positions and the bullish trend in the Chinese yuan, which is the …
The Japanese yen continued its fall against the high yielding currencies today, especially against a very strong bullish euro, and reached 3-month minimum value against it, as the stock market rallies spurred carry trade popularity on Forex. The yen …
The U.S. dollar fell down to another historical minimum level against the euro today, as the strong technical resistance has been breached and the fundamental economic statistics in U.S. has failed to keep the USD up on the Forex market. Apart …
Italys soon-to-be newly elected prime minister, Silvio Berlusconi, pledged to ally with the president of France, Nicolas Sarkozy, in his strife to persuade ECB to weaken the united Europes currency by the means of the intervention. Concerned with the weakness of the Italys exporters, Berlusconi is aiming …