The Dollar Increases Against Major Currencies as the Global Recession Deepens

Пятница, 21 Ноя 2008

Concerns regarding the prolonged U.S recession continue to influence the markets. Investors remain nervous about the U.S. automakers, which are seeking $25 billion in emergency loans from Congress, and the viability of banking giant Citigroup, whose shares slid to a 14 year low on Thursday.

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The Dollar Rallies, Despite the Rise in U.S. Unemployment Claims The EUR Slides against the Dollar and the Yen 
The JPY Records Further Advances against the Major Currencies  Crude Oil Prices Drop to Their Lowest Level in Three Years 

Crude Oil Expects to Dip below $50 a Barrel by End of November

Четверг, 20 Ноя 2008

Oil is currently priced at just below $53 a barrel, down from its high of $147.27 in the middle of July. The price of Crude is set to continue its downward spiral. According to analysts, this is in response to the news that Japan and the Euro-Zone have recently slipped into recession. They argue that [...]

Текущее время: 11/21 20:22 GMT
DateTime$€£¥EventPer.Prev.Fore.Act.Imp.
11/23JPY+Bank Holiday***1

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USAUSAUSD1.00%
JapanJapanJPY0.30%
EuropeEuropeEUR3.25%
SwitzerlandSwitzerlandCHF2.25%
GBGreat BritainGBP3.00%
CanadaCanadaCAD2.25%
AustraliaAustraliaAUD5.25%
New ZealandNew ZealandNZD6.50%
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