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By John Detrixhe, Bloomberg |
April 3, 2013
The yen gained versus the dollar, erasing yesterday’s loss, amid speculation a decision tomorrow by the Bank of Japan will signal its monetary-easing efforts will fall short of its goals and fail to reignite inflation.
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By John Detrixhe, Bloomberg |
March 28, 2013
The euro gained the most this week versus the dollar as falling Spanish and Italian government bond yields signaled Cyprus’s banking crisis may be contained.
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By John Detrixhe, Bloomberg |
February 28, 2013
The euro fell versus the dollar, extending its first monthly drop since July, amid Italian political wrangling about forming a government and as cooling regional inflation opens the door for central bank stimulus.
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By John Detrixhe, Bloomberg |
January 7, 2013
Pacific Investment Management Co.’s new normal, the prediction that global economic growth and investment returns would tumble, is proving half right.
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By John Detrixhe, Bloomberg |
December 28, 2012
The Dollar Index touched a two-week high before President Barack Obama and U.S. lawmakers seek to avert the so-called fiscal cliff
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By John Detrixhe, Bloomberg |
December 27, 2012
The dollar strengthened from almost an eight-month low against the euro after Senate Majority Leader Harry Reid said the U.S. may fall off the so-called fiscal cliff that threatens the nation with recession.
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By John Detrixhe, Bloomberg |
December 26, 2012
Treasuries were little changed as President Barack Obama plans to return to Washington amid stalled talks on the so-called fiscal cliff that’s poised to cut spending and raise taxes at the end of the year.
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By John Detrixhe, Bloomberg |
December 18, 2012
The Canadian dollar declined against its U.S. counterpart amid signs lawmakers may find a compromise to avert the so-called fiscal cliff, bolstering prospects for the American economy.
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By John Detrixhe, Bloomberg |
October 9, 2012
U.S. debt has shrunk to a six-year low relative to the size of the economy as homeowners, cities and companies cut borrowing, undermining rating companies’ downgrading of the nation’s credit rating.
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By John Detrixhe, Bloomberg |
September 11, 2012
The U.S. may lose its top credit rating from Moody’s Investors Service unless lawmakers are able to reduce the percentage of debt to gross domestic product during budget negotiations next year.
