February 23, 2005

USD falls at Korean comments

Story link: USD falls at Korean comments

Comments from the South Korean Central Bank sent the US dollar into its single biggest slide for four months.
The bank had openly suggested that it was holding back on dollar purchases in lieu of alternative currencies, such as the euro, and Canadian and Australian dollars.
The comments were poorly perceived by traders who have so far […]

February 10, 2005

Bank of England hold at 4.75%

Story link: Bank of England hold at 4.75%

The Bank of England continued to hold interest rates at the current level of 4.75%.
With mixed news from the UK economy, and with a possible election looming, there was little expectation of changes at this session.
However, despite poor seasonal retail sales and slowed consumer spending, some building societies are already reporting house price rises for […]

February 3, 2005

US up, ECB same

Story link: US up, ECB same

Currency markets were met by interest rate decisions that came as no surprise to the majority of commentators.
In the US, Alan Greenspan at the Federal Reserve oversaw a modest quarter percentile rate in US interest rates, bring them to 2.5%.
And in Europe, the European Central Bank left interest rates on the euro unchanged for the […]

Rupee climbs on investment rating

Story link: Rupee climbs on investment rating

India’s rupee is currently enjoying a 5-year high against the US dollar, after major credit rating agency Standard & Poor increased the country’s creit worthiness to just under investment standard.
The rupee reached 43.305 against the USD on trading, which means that it has gained nearly 1% value in just three sessions.
Standard & Poor, which rates […]

February 2, 2005

Russian credit better

Story link: Russian credit better

Major credit rating agency Standard & Poor has followed the example of Fitch and Moody’s upgraded reclassification of Russia’s investment rating.
Despite the recent state seizure of Yukos, required tax and legal reforms, low debt, and strong government finances, controbuted to S&R upgrading Russia from “speculative” to “investment grade”.
Under President Putin, Russia has become creditor rather […]


Daily World Currencies News from London		Friday 25th of July 2008
Major Currencies: GBP USD Euro Yen Other Currencies: Australian Dollar Canadian Dollar Czech Koruna Egyptian Pound Forint Israeli Shekel Krona Krone New Zealand Dollar Peso Rand Real Renminbi Rouble Rupee Singapore Dollar Slovak Koruna Swiss franc Turkish Lira Won Zloty	February 23, 2005 USD falls at Korean comments Story link: USD falls at Korean comments Comments from the South Korean Central Bank sent the US dollar into its single biggest slide for four months. The bank had openly suggested that it was holding back on dollar purchases in lieu of alternative currencies, such as the euro, and Canadian and Australian dollars. The comments were poorly perceived by traders who have so far […] February 10, 2005 Bank of England hold at 4.75% Story link: Bank of England hold at 4.75% The Bank of England continued to hold interest rates at the current level of 4.75%. With mixed news from the UK economy, and with a possible election looming, there was little expectation of changes at this session. However, despite poor seasonal retail sales and slowed consumer spending, some building societies are already reporting house price rises for […] February 3, 2005 US up, ECB same Story link: US up, ECB same Currency markets were met by interest rate decisions that came as no surprise to the majority of commentators. In the US, Alan Greenspan at the Federal Reserve oversaw a modest quarter percentile rate in US interest rates, bring them to 2.5%. And in Europe, the European Central Bank left interest rates on the euro unchanged for the […] Rupee climbs on investment rating Story link: Rupee climbs on investment rating India’s rupee is currently enjoying a 5-year high against the US dollar, after major credit rating agency Standard & Poor increased the country’s creit worthiness to just under investment standard. The rupee reached 43.305 against the USD on trading, which means that it has gained nearly 1% value in just three sessions. Standard & Poor, which rates […] February 2, 2005 Russian credit better Story link: Russian credit better Major credit rating agency Standard & Poor has followed the example of Fitch and Moody’s upgraded reclassification of Russia’s investment rating. Despite the recent state seizure of Yukos, required tax and legal reforms, low debt, and strong government finances, controbuted to S&R upgrading Russia from “speculative” to “investment grade”. Under President Putin, Russia has become creditor rather […]
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USD falls at Korean comments

Bank of England hold at 4.75%

US up, ECB same

Rupee climbs on investment rating

Russian credit better