dollar currency rates in pkr of the month of march

Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

forex pair highest volatility - us dollar and jpy during the month of march 2009 - dollar currency rates in pkr of the month of march

Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Canadian Dollar Hits 3-Month High Against Greenback

The Canadian dollar is one of the top performing currencies Thursday hitting a 3-month high against the U.S. dollar as U.S. equities move higher.The Canadian dollar is once again trading as the second-best currency against the greenback. Only the Japanese yen is outperforming the Canadian dollar. USD/CAD is trading below the key 1.20 CAD support level.It seems that the U.S. dollar is falling out of favour and risk aversion is taking a back seat, said J.P Blais,

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EUR/USD: Euro should test resistance at 1.3553 this month, says Mizuho

FXstreet.com (Barcelona) ? The Euro has reached a 1-month high at 1.3435 on its recovery from 1.2985 low on April 28, and, according tio Nicole Elliott, senior technical analyst at Mizuho Corporate Bank, the pair could continue climbing during the current month.Elliot advances that the Euro could test 1.3553 level later in May: ?Slow work last month as the Euro holds in a ?flag? formation. It is trying to break higher and should test trendline resistance and the 26-week moving

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Swiss National Bank to Intervene in Currency Markets to Weaken Franc

The central bank of Switzerland lowered interest rates and said it will buy foreign currencies in order to prevent negative inflation.The unexpected foray into the foreign exchange market caused a massive selloff in the Swiss franc. The euro and U.S. dollar both jumped more than two cents against the franc in the moments following the decision.The Swiss National Bank lowered interest rates by a quarter-point, as expected, and said it is acting to prevent any further appreciation

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USD Slides as Global Equities Rally

The U.S. dollar is weaker on Thursday in the aftermath of a global equity rally sparked by better-than-expected auto sales in the United States on Thursday.Global equities are higher after U.S. automakers reported upbeat production data on Wednesday, with March total vehicle sales up to an annualized 9.9 million compared to February's 9.1 million and an expected 9.2 million level. Automakers also said the bottom for the industry has been reached.The Japanese Nikkei closed 4.4% higher while

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Forex (foreign exchange) Currency trading

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forex pair highest volatility - us dollar and jpy during the month of march 2009 - dollar currency rates in pkr of the month of march

Sterling Stronger After Weak CBI Report

The pound sterling is higher on Thursday after a weaker than expected manufacturing report from the Confederation of British Industry (CBI).On Thursday morning the CBI's manufacturing orders index advanced to -57 from March's -58 level. Expectations had been for a read of -54.After unveiling one of the largest budgets in the UK's history on Wednesday, UK Chancellor of the Exchequer Darling said that fiscal and monetary stimulus will help the economy recover by the end of 2009

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ECB's Nowotny Says Rates Below 1.00% "Open For Dicussion"

The view that interest rates in the euro zone should go below the 1.00% mark is open for discussion, but Austrian central bank governor Ewald Nowotny said he is personally against lowering rates below that threshold.Speaking in an interview with Bloomberg News on Thursday, Nowotny said the ECB must fight the crisis with all available tools, and that monetary policy needs to remain expansionary as the economic recovery remains weak.He also said that it would be sensible

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