Posted by Batool on May 15, 2010 ·
Euro rose sharply against the yen and dollar in Asia last Monday, because the series of the remarks from the European Central Bank shows that authorities had taken necessary measures for prompting non-Japanese hedge funds to buy the euro.
Posted by R. MAK. on November 24, 2009 ·
On Tuesday the euro rise against the dollar, reversing earlier losses as a firmer-than-expected German sentiment survey offset concerns about the country’s banking sector.A bigger-than-expected rise in the German Ifo November business climate index has helped the euro. The index rose to…
Posted by R. MAK. on November 23, 2009 ·
On Monday the euro has shown some advancement, hovering near the $1.50 level in New York trading as demand for the greenback has been hurt by the comments from a Federal Reserve official. The remarks helped in encouraging a broad rally in global stocks, oil, gold and higher-yielding currencies that reversed…
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Posted by R. MAK. on November 22, 2009 ·
The Canadian dollar has drooped down against 13 of its 16 most-traded counterparts and it has gained only against the currencies of New Zealand, Australia and South Africa. The U.S. dollar has shown a rise against all but two major currencies as…
Posted by R. MAK. on November 21, 2009 ·
As the U.K. posted its worst deficit figures since the measurement start, the pound had a negative week against the U.S. dollar. This has decreased the attractiveness for the British currency which has performed positively in the week…
Posted by R. MAK. on November 20, 2009 ·
On Friday the dollar rise, giving an extension to the previous day’s gains as investors retreated from riskier assets, taking the shine off higher-yielding currencies such as the Australian dollar.Today Tokyo’s Nikkei average fell 0.5% and after the U.S. S&P 500 index suffered its worst one-day percentage fall in three weeks on…
Posted by R. MAK. on November 19, 2009 ·
On Thursday the dollar and yen shows a rise as a pullback in risk appetite amid falls in equity and commodity markets revived safe-haven demand for the U.S. and Japanese currencies…
Posted by R. MAK. on November 18, 2009 ·
On Wednesday the dollar fell against most major currencies as dealers took profits on the currency’s biggest rise in three weeks, having fresh data doing little to change the view that U.S. interest rates will remain at record lows well into 2010…
Posted by R. MAK. on November 18, 2009 ·
In New York trading Monday the euro began the week stronger against the dollar, as positive Japanese economic data released overnight reinforced investor confidence in a global…
Posted by Batool on November 14, 2009 ·
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