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Daily currency and financial news updates written by our own in house team.

The Real Story

Currency News — January 05, 2009

The currency markets remain very quiet, but the real story for 2009 begins today now that the holidays are over. The yen is sliding against the dollar while stock markets climbed around the world.

Whew....We Made It

Currency News — January 02, 2009

The euro declined against the US dollar as interest rate cuts loom shortly ahead. Slovakia celebrated becoming the 16th nation to join the euro.

Talk of the Town

Currency News — December 31, 2008

The sterling is at its weakest position against the euro since the euro was introduced. The US dollar continues to weaken against the euro and the yen.

Yawn...

Currency News — December 30, 2008

Investors are trading euros and turning away from US dollar and sterling. The Israel-Hamas conflict is creating uncertainty in commodity markets.

Happy Birthday to the Euro

Currency News — December 29, 2008

The euro turns 10 years old on 1/January/2009 and some project it may become the benchmark global currency within the next 5 years. The markets are experiencing very slow trading right now as investors wait for the New Year.

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