Russian Ruble Near 3-Year Low vs. Dollar Fri, 05 Dec 2008 10:56The Russian central bank widened the trading band for the ruble today as the Russia’s main exports — crude oil and metals continued to depreciate on the global markets.
Swedish Krona Near 5-Year Low on Rate Cut Thu, 04 Dec 2008 09:59The Swedish krona advanced it’s yearly low levels against the U.S. dollar today as the country’s central bank surprised the market participants with the biggest rate cut in the last 16 years to prevent the economy from contracting.
Euro Near Weekly Lows before Rate Decision Wed, 03 Dec 2008 09:42The euro declined today against the U.S. dollar, almost snapping the yesterday’s gain, as the traders expect the weak data on the Eurozone retail sales after PMI shrank in the leading Eurozone economies.
Pound Loses for Third Day Despite Correction Tue, 02 Dec 2008 10:22The U.K. pound continued to fall against the U.S. dollar and the Japanese yen today, despite the correction seen in some other dollar- and yen-based currency pairs, as the traders expect a major rate cut by the Bank of England.
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