Australian Dollar Hits 6+ Month Low As Gold Plummets More Than $35/oz Currencies like the Australian dollar , New Zealand dollar, and Canadian dollar all remained weak on Monday...Bank of New Zealand has taken its toll on the economy, and the collapse in domestic demand is likely to lead the central bank to cut rates further from their current level of 8.00 percent.      

Yen Gains As Risky Assets Fall The dollar traded mixed Tuesday as US stocks plunged and investors worried about the capitalization of Lehman Brothers Holdings and Washington Mutual. The...line for a US government bailout.   The pair is trying to break its 5-month uptrend. There is support in the 106-area. If the support is broken, the USD/JPY will likely fall to the 102-area.

Commodity-price swings will continue to trigger further volatility in the currency , but the Canadian dollar will struggle to extend the near-term recovery beyond the 1.05 level...to highs beyond the 1.06 level against the US dollar . The Canadian currency retained a firm tone on Thursday with a move towards 1.0550 as the US currency retained a more defensive tone.

Currency pairs have been quiet during the Asian session, with the dollar weakening slightly against the other major currency pairs. Activity will pick up as the European session gets into...stockpiles if Tropical Storm Gustav damages production facilities in the Gulf of Mexico. The pair is trying to move higher but the 20 day simple moving average is proving to be strong resistance.

  Overall, currency pairs have been quite during the Asian session, with a slight lean toward dollar weakness continuing the trend seen during yesterday’s U.S. session. Currency pairs will...the new trading day began. A break below 1.0900 could see a move to the next support level at 1.0840, just above the 20 day simple moving average. Switzerland will release employment data

  Strong Dollar Moves In The Asian Session Overall, the dollar posted some impressive gains even from the beginning of the session. The major currencies were sold lower in almost no time,...breakouts during the Asian and European trading hours. Since the new session had started, the Canadian dollar gained 50 pips, broke a previous support line and now became a resistance .

    Dollar-euro currency exchange: This article provides an overview of the factors affecting the leading currency pair: Euro-dollar exchange, commonly expressed as EUR/USD ...floating exchange rates is that it gives the government/monetary authorities flexibility in determining interest rates. for more info,,,,,,,,,,,,,,,,,,,,,,,,,

Australian Dollar Hits 6+ Month Low As Gold Plummets More Than $35/oz Currencies like the Australian dollar , New Zealand dollar, and Canadian dollar all remained weak on Monday thanks to softer...Reserve Bank of New Zealand has taken its toll on the economy, and the collapse in domestic demand is likely to lead the central bank to cut rates further from their current level of 8.00 percent.

For those of you who keep up on my third job, as a foul-mouthed senior line cook, here's a personal record: during my shift on Saturday, I made food for approximately 210 of the 239 tickets we had that...at par with (or even a few cents higher than) the American dollar, it's fat city for us. As long as the sun is shining, that is. If it's raining, everybody just stays home. And then we all starve

The Canadian Dollar traded at a 1-month high after the US Federal Reserve cut interest rates by half a percentage point to 3 percent increasing Canada's interest rates advantage over the US. ''The Canadian...'' said Steve Butler, director of foreign exchange trading at Scotia Capital Inc. in Toronto. ''We'll see a little bit of a boost just on an interest-rate....read more on the stronger Canadian loonie