7454 Stories, most recent news story added Fri Dec 4, 8:13 am ET
Dec. 3 (Bloomberg) -- Chile’s peso fell to the lowest in almost two weeks after a central bank board member reiterated the bank doesn’t rule out intervening in the foreign-exchange market to rein in the currency’s 27 percent advance this year.
North Korea revamped its national currency for the first time in 17 years, reports said Tuesday -- a move that appeared aimed at reviving its dilapidated economy by curbing inflation and black market trading.
Dec. 4 (Bloomberg) -- The euro is likely to strengthen to 134 per yen, should it rise beyond so-called resistance at 133.60, BNP Paribas SA said, citing trading patterns.
Nov. 30 (Bloomberg) -- The euro and the Australian dollar rose against the greenback and the yen after the United Arab Emirates’ central bank said it “stands behind” the country’s banks, easing concerns about a possible default by Dubai World.
Dec. 4 (Bloomberg) -- Canada’s dollar gained for the first time in three days after a government report showed employers added more jobs last month than economists forecast, adding pressure on the central bank to raise interest rates.
The British Pound bounced back on Friday to cross back above the 20-Day SMA (1.6633) and reach a high of 1.6643, and the currency is likely to hold a broad range over the following week as investors weigh the outlook for future policy.
SEOUL, South Korea - North Korea revamped its national currency for the first time in 17 years, reports said Tuesday - a move that appeared aimed at reviving its dilapidated economy by curbing inflation and black market trading.
Dec. 3 (Bloomberg) -- Mexico’s peso rose to a 13-month high on speculation accelerating inflation will prompt the central bank to increase interest rates earlier than estimated.
Dec. 4 (Bloomberg) -- The euro may rise after posting its biggest gain in a month versus the yen as European Central Bank President Jean-Claude Trichet announced the first steps toward scaling back emergency stimulus lending.
Dec. 4 (Bloomberg) -- The euro may rise after posting its biggest gain in a month versus the yen as European Central Bank President Jean-Claude Trichet announced the first steps toward scaling back emergency stimulus lending.
Dec. 3 (Bloomberg) -- Mexico’s peso gained for a third day on speculation accelerating inflation will prompt the central bank to increase interest rates earlier than estimated.
Dec. 2 (Bloomberg) -- Gold advanced to a record for a second straight day as investors sought to protect their wealth against a slumping dollar. Bullion has risen 37 percent this year as the dollar has dropped 8.4 percent against a basket of six major currencies including the yen and the euro.
Dec. 2 (Bloomberg) -- Gold advanced to a record for a second straight day as investors sought to protect their wealth against a slumping dollar. Bullion has risen 37 percent this year as the dollar has dropped 8.4 percent against a basket of six major currencies including the yen and the euro.
Dec. 3 (Bloomberg) -- Crude oil rose above $77 a barrel in New York as the dollar weakened, spurring investor demand for commodities as a hedge against inflation.
Dec. 3 (Bloomberg) -- Crude oil rose above $77 a barrel in New York as the dollar weakened, spurring investor demand for commodities as a hedge against inflation.
The euro rose above $1.51 on Thursday as investors waited for clues from the European Central Bank on how it will start unwinding measures that have provided the financial sector with extra liquidity.
Last week, I opined on the official US forex policy ( “Strong ...
My last update on the Japanese Yen was published on October 16 ...
The big story of the week was the announcement by Dubai World, ...
Karl Marx would be pleased…well, maybe not. In any event, ...
US economic officials have been busy of late, propagating the “Strong ...
Subtle title, right? I couldn’t resist, considering that ...
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