Tag: Currency traders
Yen Falls to Lowest Since November on Concern Economy Worsening
By Ron Harui and Theresa Barraclough
Feb. 26 (Bloomberg) — The yen fell to a three-month low against the dollar before reports this week that may add to evidence Japan’s recession is deepening, reducing the appeal of its currency as a refuge from the global financial turmoil.
Posted: February 26th, 2009 under News.
Tags: Asian stocks, Bank of America, British Pound, Canadian Dollar, currency, Currency traders, Currency Trading, Dollar, ECB Rates, Euro, Foreign-Exchange, Forex, Forex Trading, Global Financial Turmoil, Global Recession, Group Treasury Asia in Tokyo at Commerzbank AG, Krona, Swiss Franc, UBS AG, Yen
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Euro Dreams Fade for Zloty, Forint, Koruna on Slump
By Ewa Krukowska
Dec. 8 (Bloomberg) — The slowing global economy is halting the spread of monetary union into eastern Europe and may lead to another year of losses for the Polish zloty, Hungarian forint and Czech koruna.
Posted: December 9th, 2008 under News.
Tags: Bank of America, Currency traders, Czech central bank, Czech koruna, east European currencies, Euro, European Union Monetary Affairs, Hungarian forint, Hungary’s central bank, inflation, Monetary, Polish zloty, pre-euro exchange-rate, Risk-Reversal Rate, Slovakia’s central bank, volatility
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