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By Przemyslaw Radomski |
May 21, 2013
In the Dow-to-gold ratio chart, we see an important breakout above the declining long-term resistance line. This has bearish implications for gold.
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By Lucy Meakin, Bloomberg |
March 15, 2013
The pound advanced for a third day against the dollar after Bank of England Governor Mervyn King said policy makers aren’t trying to talk it down, damping speculation they are seeking a weaker sterling to spur growth.
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By Toru Fujioka, Ian Katz and Raymond Colitt, Bloomberg |
February 15, 2013
Group of 20 finance chiefs are planning to disavow competitive devaluations in a statement to be released after talks end in Moscow tomorrow, according to an official from a G-20 nation.
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By Henry Meyer, Olga Tanas and Scott Rose, Bloomberg |
February 14, 2013
The Group of 20 nations should take a stronger stance against currency manipulation at a meeting in Moscow, Russian Finance Minister Anton Siluanov said after conflicting statements on the weakening yen roiled markets.
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By Justin Pugsley |
February 13, 2013
At some point central banks will probably give up on QE, reasoning that the balance of risks outweighs positive outcomes. Until policy makers come to that conclusion, there's still a bullish case to be made for gold.
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By Joseph Ciolli, Bloomberg |
February 12, 2013
The yen surged versus the dollar and euro after a Group of Seven official said a statement on exchange rates was misinterpreted and should be viewed as a sign of concern about excess moves in the Asian currency.
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By Phil Flynn |
February 12, 2013
The G-7 and Eurozone finance minters supposedly were on target for a cease fire in the so called currency war, but the rhetoric yesterday seemed to shake up the falling crude market as an ECB bank official took aim and fired.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
January 16, 2013
The yen strengthened against the dollar for a second day after its 5.7% drop over the past month prompted criticism from leaders around the world that recent exchange-rate moves have been excessive.
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By Simon Kennedy and Scott Rose, Bloomberg |
January 16, 2013
The world is on the brink of a fresh “currency war,” Russia warned, as European policy makers joined Japan in bemoaning the economic cost of rising exchange rates.
