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By Justin Pugsley |
May 1, 2013
Eurozone unemployment levels are hitting new records whilst inflation is softening and with much of the continent mired in an economic depression hopes are running high that the ECB will cut interest rates.
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By Abe Cofnas |
April 24, 2013
It should be clear by now that we are in an era where reliance on traditional approaches to analyzing currency markets is not sufficient in predictive effectiveness.
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By Justin Pugsley |
April 22, 2013
Quantitative easing does not equal competitive currency devaluations – at least that's the message the Group of 20 tried to convey at its April 18-19 gathering.
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By Meera Louis and Simon Kennedy, Bloomberg |
April 19, 2013
Global finance chiefs handed Japan leeway to reflate its stagnant economy by indicating its fresh round of monetary stimulus doesn’t contravene a pact to avoid a currency war.
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By Joseph Ciolli and Lukanyo Mnyanda, Bloomberg |
April 19, 2013
The yen fell for a fourth day against the dollar after Finance Minister Taro Aso said Japan’s stimulus policies that have caused the currency to weaken were unopposed at a Group-of-20 meeting in Washington.
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By Ari Altstedter, Bloomberg |
April 16, 2013
The Canadian dollar rose against its U.S. counterpart after yesterday’s largest drop in more than a year as gold pared losses following a 14 percent two-day plunge that damped demand for commodity-linked currencies.
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By Anthony Lazzara |
April 15, 2013
Gold and silver are having absolutely wild days, with silver trading down more than 10% and gold down more than 8%. We initially had a key target level at $1,410, but the market blew through that, hitting a low so far of $1,356.
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By Ari Altstedter, Bloomberg |
April 12, 2013
The Canadian dollar fell against its U.S. counterpart for the first time this week as U.S retail sales dropped the most in nine months and reports came that steps to strengthen Europe’s financial system were faltering.
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By Candice Zachariahs, Bloomberg |
April 11, 2013
The smart money shows no sign of losing confidence in the Australian dollar as analysts belatedly acknowledge the appeal of a high-yielding currency with a world-beating developed economy.
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By Gary Kamen |
April 9, 2013
Many are saying the yen dropped down too fast, but what exactly was the response the BOJ was looking for? How many of you recall a month or so ago the G7 saying countries need to stop using monetary policy to manipulate their currency?
