February 8th, 2010
The dollar held onto its strong gains from the previous week in quiet dealing Monday morning in New York, supported by lingering concerns about the global economy and slumping stocks.
With no significant economic reports to be released on Monday, there is…
Posted in latest news | No Comments »
February 5th, 2010
Friday morning in Asia, the yen weakened slightly against its major counterparts after surging up yesterday on growing concerns over the global economy.
The unexpected rise in U.S. jobless benefit claims and growing fears about the sovereign debt crisis in Greece and…
Posted in latest news | No Comments »
February 5th, 2010
The US dollar spiked higher against its major rivals in early Asian trading on Friday and touched new multi-month highs against the European majors. With the dollar on the rise, stocks tumbled around the world, intensifying risk aversion and interest in the world’s…
Posted in latest news | No Comments »
February 5th, 2010
The British currency plummeted against major currencies after the report of Bank of England’s interest rate decision in New York morning deals on Thursday. Today, the Monetary Policy Committee of the Bank of England, led by Governor Mervyn King, decided to retain…
Posted in latest news | No Comments »
February 5th, 2010
The European common currency plunged further against major opponents following the announcement of European Central Bank’s interest rate decision in early New York morning trading on Thursday. The European Central Bank today kept its key interest rate unchanged at a record low for the…
Posted in latest news | No Comments »
February 4th, 2010
The Australian dollar edged down against its major counterparts in early Asian trading on Thursday following the release of a worse-than-expected Australian retail sales figures for the month of December. The aussie reached a new 6-week low against the US dollar and 2-day…
Posted in latest news | No Comments »