Archive for the ‘Forex’ Category

Canadian Dollar Finally Retreats After 5 Day Rally

Sunday, January 10th, 2010

Canadian DollarThe Canadian currency declined today versus most of the 16 main traded currencies after stocks and commodities had their rallies halted as risk appetite eased among traders globally, forcing commodity linked currencies down.(…)
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Posted on Forex News.

Unchanged Rates and Bond Purchases Maintain Pound Down

Sunday, January 10th, 2010

Great Britain poundThe British currency continued to suffer from its central bank monetary policies as interest rates remained unchanged in the country, suggesting that the recession will remain a reality in England for an extended period.(…)
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Posted on Forex News.

Norwegian Krone Falls From 16-Month High

Sunday, January 10th, 2010

Norwegian KroneThe krone fell today from the highest rate since September 2008 as the nation’s government finally expressed concern regarding the currency’s strength, halting a rally versus the euro that started in the end of 2009.(…)
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Posted on Forex News.