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By Daniel P. Collins |
April 1, 2013
With central banks publicly decrying currency manipulation, the forex markets are returning to a semblance of normalcy. What will that mean for 2013?
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By Meera Louis, Bloomberg |
March 5, 2013
The U.S. Treasury Department’s top international official urged Group of Seven economies to avoid targeting exchange rates and let markets set currency levels, calling for full and timely data on the scale of nations’ interventions.
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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 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 and Lu Wang, Bloomberg |
February 12, 2013
The yen jumped as an official from the Group of Seven nations said the countries are concerned about volatility in Japan’s currency. U.S. stocks advanced as investors dissected earnings reports.
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By Simon Kennedy and Gonzalo Vina, Bloomberg |
February 12, 2013
Group of Seven policy makers roiled the currency markets they sought to calm amid conflicting messages on how much of an economic threat is posed by the weakening yen.
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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 Simon Kennedy and Gonzalo Vina, Bloomberg |
February 12, 2013
The world’s major industrial nations sought to soothe mounting fears of a currency war with a pledge to avoid devaluing their exchange rates in the pursuit of stronger economic growth.
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By Simon Kennedy, Bloomberg |
February 11, 2013
The Group of Seven nations are considering saying they won’t target exchange rates when setting policy as they try to calm concern the world is on the brink of a currency war, two officials from G-7 countries said.
