ForeX

Year in Review
2008 was undoubtedly a turbulent year in the financials and the volatility in the forex market reflected that. Let’s look at some highlights of major currency movements:
Housing and Inflation, Oil, Credit Crunch, Confidence and Deflation
The year began with an extension of the previous year’s housing turmoil and surging inflation. Inflation was significantly above [...]

Dec. 31 — The yen and the dollar posted annual gains versus the euro as the first simultaneous recessions in the U.S., Europe and Japan since World War II encouraged investors to take refuge in the currencies.
The dollar fell the most against the yen in more than two decades in 2008 on speculation the Federal [...]