Dollar Rose on Hoenig’s Hawkish Comments
Wednesday, May 7th, 2008
The U.S. dollar rose today during the late Asian Forex trading session, as the traders reacted on the hawkish commentary by the Federal Reserve Bank of Kansas City President Thomas Hoenig.
The Australian dollar stopped growing on the Forex market today after the
Kuwaiti Finance Minister has said that the
The Great Britain pound continued its growth against the euro and the U.S. dollar today, even after the housing prices fell again and the chances fore more interest rate cuts by the
The Singapore currency had its worst week in a year on the Forex market, as it lost along with the other Asian currencies to the U.S. dollar, because the investors began to expect that the U.S. interest rate will unchanged rather than lowered next time.
Euro reached a new historical maximum against the U.S. dollar today after another