The Canadian dollar continued its two-day growth against the U.S. dollar and the Japanese yen today, as the commodity markets showed that are still able to grow. Canadas dollar touched the two-month low against the U.S. dollar on Tuesday, …
The U.S. dollar stopped its 2 days growth period and started to go bearish against other currencies today after the Asian trading session ended. Investors attention turned to the Fed chairman Ben Bernankes testimony before the U. S. Congress that is scheduled for …
The United Arab Emirates government has established a new committee, which purpose is to study the possibility of scrapping the dirhams peg to the U.S. dollar and the reasons to maintain this peg. According to the prime minister Sheikh Mohammed Bin Rashid Al-Maktoum, …
The currency of the United Europe reached a new record high level against the British pound today as the estimate for the consumer inflation in Eurozone rose unexpectedly in March. As it was reported by Eurostat today, the CPI growth in Euro area is now …
The Reserve Bank of New Zealand Governor, Alan Bollard, said yesterday that he wont be reducing the countrys key interest rate from its record high value in 2008, because the national inflation still remains the major concern. In the fourth quarter of 2007 New …
The South Korean currency is heading for more losses as the government is searching for ways to support the exporting companies and the economic growth. The won is the second weakest major currency after the South African rand since the …
The U.S. dollar is trading higher than its yesterdays close level now as the investors are waiting for the fourth quarter GDP data to be released today. The final value of the fourth quarter 2007 U.S. gross domestic product and the weekly …
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 by the Forex trading institutions. The Bank of Englands executive director and chief …
Both Australian and New Zealand dollar continued to rise today after the yesterdays fast growth as the investors remained confident in the stock markets improvement and in the carry trade. The most notable losers against the Aussie and Kiwi for …
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 week. The yen was joined by another low-risk currency the Swiss franc. They …