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 September 22, 2009 ·
On Tuesday in New York trading the dollar sell-off continued as rising U.S. equities helped yield-seeking investors slough off caution before this week’s key policy meetings. The dollar continued to remained near its intraday lows against a string of widely traded currencies in choppy trading. Analysts said that…
Posted by R. MAK. on August 1, 2009 ·
In foreign exchange markets, the first currency in a currency pair is the base currency. Whereas the second currency is referred to as the quote currency which is also called as counter currency, terms currency. Exchange rates are quoted in per unit of the base currency. The thing that should be noted is that FX [...]
