ForeX

Forex, Online Currency Trading, Forex Trading, Currency Trading

Entries for July, 2007

Yen mengukuh

Yen Advances After Equity Declines Prompt Carry Trade Unwinding
July 26 – The yen rose against all 16 of the most actively traded currencies as global equities fell and traders bought back yen used to finance investments in other countries. (patut laaaaa)

Japan’s currency rose to the highest in almost [...]

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New Zealand Dollar Falls; Bollard Signals Rate Rise May Be Last

July 26 — New Zealand’s dollar fell and bonds rose after central bank Governor Alan Bollard signaled today’s interest-rate increase may be the last.
The currency declined against 16 of the most-active currencies as Bollard said the four quarter-percentage point moves in rates this year to a record 8.25 [...]

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