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Indian Rupee Heading for Weekly Gain
Fri, 11 Jul 2008 09:19

The Indian rupee is more likely to end this week in a positive zone against the U.S. currency as the investors expected that the companies’ good reports will attract traders and the conversion to local currency.

Chinese Yuan at New High vs. Dollar
Thu, 10 Jul 2008 08:41

The Chinese yuan continued its general appreciation trend today and rose against the U.S. dollar and other major currencies as the traders believed that the central bank will continue to use stronger yuan in its anti-inflation policy.

Australian Dollar Fell on Less Home-Loans
Wed, 09 Jul 2008 11:16

The Australian dollar declined today on Forex during the Asian trading session after the report on home-loans showed a massive decline in the sector and the consumer sentiment index dropped to its lowest level since 1992.

Yen Advances on Stocks Downfall
Tue, 08 Jul 2008 09:05

The Japanese yen rose against all other major currencies today on Forex as the stock markets declined in Asia and Europe, while the investors became concerned about more losses from the mortgage crisis worldwide.