SearchArchives for: August 2008The British pound depreciated vis-à-vis the U.S. dollar last week11th August 2008 The British pound depreciated vis-à-vis the U.S. dollar last week as cable tested bids around the US$ 1.9145 level and was capped around the $1.9760 level. The pair lost about 540 pips last week. Chancellor Darling defended the BoE’s inflation remit.… more » Categories: Forex News The yen depreciated vis-à-vis the U.S. dollar last week11th August 2008 The yen depreciated vis-à-vis the U.S. dollar last week as the greenback tested offers around the ¥110.35 level and was supported around the ¥107.45 level. The pair gained about 250 pips last week. The Nikkei 225 stock index gained 0.33% on Friday to cl… more » Categories: Forex News The euro depreciated vis-à-vis the U.S. dollar last week.11th August 2008 The euro depreciated vis-à-vis the U.S. dollar last week as the single currency tested bids around the $1.5005 level and was capped around the $1.5630 level. The pair lost about 530 pips last week. The FOMC kept rates unchanged with Dallas Fed’s Fisher… more » Categories: Forex News |
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