Serena Hotel Islamabad Pakistan

The Islamabad Serena Hotel is the finnest hotel of Pakistan. It is a hotel with character luxury and tradition. The hotel is made on fourteen acres of areas with beautiful gardens, public areas, corridors, rooms and restaurants with special emphasis on trademarks of Islamic architecture. The architecture and interiors of Serena Islamabad is a reflection typical of Pakistani cultural heritage, the structures also depict the skills and craftsmanship.

The Islamabad Serena is a remarkable blend of architecture with rich, elaborated and vivid designs where the artisans have really showed their magic on the ceilings, floors, walls and furnishers.
The hotel has nine multi-cuisine restaurants and roof-top swimming pool. Each luxuriously decorated room has all modern amenities and spacious seating. Leisure facilities include the Maisha Spa & Health Club, which is the first of its kind in the country. The full-services Spa offers the absolute latest in holistic treatments and Spa experiences while the Health Club includes a well-equipped gymnasium, sauna and steam with plunge pool, massage rooms and a temperature-controlled swimming pool. The Business Centre and nine meeting rooms provide all the support for professional business sittings.

Security

The hotel is strategically surrounded by grounds that prevent direct access by any of the treks. Inside of the hotel has several measures has been taken into serious account to make sure that unexpected events never happen.

Swiss Unemployment Drops, Franc Rise vs. Dollar & Euro

The Swiss franc fell versus the euro at the beginning of today’s trading session as the speculation the European Central Bank wouldn’t ease its monetary policy reduced the demand for the franc as the safe haven. The Swiss currency rose later after the report showed that the unemployment rate in Switzerland fell to the lowest level in more than a year.

he president of the  said yesterday that “more than ever, exchange rates should reflect economic fundamentals” and ”excess volatility and disorderly moves have adverse implications for economic and financial stability”. The jobless rate in Switzerland dropped in September from 3.8 percent in August to 3.7 percent, the lowest level since May 2009. USD/CHF fell from 0.9660 to 0.9644 as of 12:48 GMT today. EUR/CHF traded near 1.3441.
If you want to comment on the Swiss franc’s recent action or have any questions regarding this currency, please, feel free to reply below.

Another Week of Dollar Weakness on Talks About Easing

This week was marked by the talks about the possible quantitative easing by the US Federal Reserve, the talks which were further fueled by the unexpectedly poor report about the US employment. In such environment the dollar has no choice but to go down.
The unexpected cut of 95,000 jobs by the US employers added the incentive for the Fed to start next round of the bonds purchases to stimulate the US economy. The price of the US currency dropped as the traders expect the inflow of new dollars into the economy. The analysts speak about interesting effect all this talks about the easing may have: when the actual quantitative easing occur it won’t cause much impact on the dollar price. The stimulus simply already priced in, so there’s no reason for the dollar to react even more.
The dollar fell for the fourth straight week against the Swiss franc, the euro and the pound. Against the yen it dropped for the third consecutive week, going below the 82 yen-per-dollar level for the first time since 1995. The greenback declined for the sixth week against the Canadian dollar for the seventh week versus the Australian dollar.
USD/CHF opened at 0.9753 and closed at 0.9638 this week after declining to 0.9554. USD/CAD went down from 1.0194 to 1.0112. AUD/USD rose to 0.9859 after opening at 0.9725 and falling to the weekly low of 0.9541.
If you want to comment on the US dollar’s recent action or have any questions regarding this currency, please, feel free to reply below.

Australian & New Zealand Currencies Gain vs. Yen

The Australian and New Zealand dollar went up versus the Japanese yen today after Japan’s government intervened, selling the yen. The New Zealand dollar fell against its US and Australian counterparts.
Yoshihiko Noda, Japan’s Finance Minister, said today that Japan unilaterally sold the yen to protect thee nation’s exports, causing the yen to weaken against other most traded currencies, including the Australian and New Zealand ones. The Aussie earlier also strengthened against the greenback, before returning to the opening level. Timothy Connors, head of the foreign exchange at the Custom House Global Foreign Exchange, said:

What we’re going to see in the short-term is Aussie strengthening against the yen on the back of that intervention. Depending on how long this intervention continues on for it could only be a short-term impact on the overall momentum which is for further U.S. dollar weakness.

The kiwi, as New Zealand’s dollar nicknamed, fell versus the greenback on the outlook that the bank would keep the interest rates unchanged as it estimates the damage caused by nation’s worst earthquake in 80 years. The kiwi also slipped versus the Aussie as New Zealand’s economy considered weaker than Australia’s.
AUD/USD traded near its opening level of 0.9394 today as of 17:30 GMT, NZD/USD fell from 0.7344 to 0.7337. AUD/JPY surged from 78.00 to 80.43 and NZD/JPY jumped from 60.97 to 62.82. AUD/NZD went up from 1.2783 to 1.2803.
If you want to comment on the Australian and the New Zealand dollars’ recent action or have any questions regarding this currency, please, feel free to reply below.

Yen Rises After Decline on Intervention

The Japanese yen pared yesterday’s losses on the speculation that Japan’s exporters would buy the currency after the government intervention pushed the yen down to the lowest level in almost two weeks against the US dollar.
The Japanese exporters may buy the yen before the fiscal half-year end. They usually purchase the yen to convert the overseas earnings into the local currency when they close their account books in March and September. The traders try to determine whether Japan’s government plans to weaken the currency or it simply wants to prevent the extensive gains.
USD/JPY went down today from 85.74 to 85.54 as of 8:51 GMT, following the decline to 85.21. The currency pair currently shows the upward trend.

If you want to comment on the Japanese yen’s recent action or have any questions regarding this currency, please, feel free to reply below.

Canadian Dollar Weakens with Falling Oil Prices

The Canadian dollar fell today versus the euro to the lowest level more than a week and weakened against the US dollar after the prices for crude oil declined and stock dropped.