The Australian dollar reached the new monthly maximum the Japanese yen as the stock markets signaled growth for a third day on improved earnings of the banks.
Japanese Yen Falls for Third Day against Euro
March 16th, 2009 at 9:38
The yen declined for the third day in a row against the dollar, the euro and the pound today as the Bank of Japan decided to buy the government debt and the stock markets rose during the Asian trading session.
New Zealand Dollar Surges to Monthly High
March 13th, 2009 at 11:29
The New Zealand dollar propelled to the monthly high against the U.S. dollar today, rising for the second day, as the stock marked continued to grow globally, improving the appeal of the higher yielding currencies.
Yen Gains vs. Dollar for Third Day
March 12th, 2009 at 12:01
The Japanese yen rose against the U.S. dollar for the third day in a row today as the global recession boosted the demand for the «safe haven» currencies, decreasing the attractiveness of the high-yielding assets.
Yen Gains as Chinese Exports Slump
March 11th, 2009 at 13:17
The yen rose today against the other major currencies on Forex as the China’s exports declined at a record fast pace and the largest Swiss bank reported an increased loss.
Korean Won Rises as Asian Stocks Gain
March 10th, 2009 at 11:19
The South Korean won rose for the third day against the U.S. dollar today as some Asian stock markets showed the growth and the high-yielding currencies were favored by the traders.
Pound Falls on HSBC’s Bad Loans
March 09th, 2009 at 13:04
The British pound fell against all major currencies today on the concerns that the United Kingdom’s largest bank will have a disastrous time handling the bad loans of its United States unit.
USD Falls as Financial Turmoil in U.S. Worsens
March 06th, 2009 at 10:29
The U.S. dollar declined today against the other major currencies, after showing a good performance yesterday, as the investors expect that the labor market reports, that are to be released today, will signal a further worsening of the recession in the United States.
Indian Rupee Approaches Recent Record-Low
March 05th, 2009 at 11:19
The Indian rupee declined against the U.S. dollar today, almost reaching a new record-low level, as the domestic companies converted to dollars in order to pay for the imported goods.
Dollar Up on Deeper Financial Turmoil
March 04th, 2009 at 10:56
The U.S. dollar rose against the the Japanese yen and the Australian dollar today as the investors sought the safety for their funds after the yesterday’s optimism vanished on the bad report for the Australian fourth quarter GDP change.

