-
By Ari Altstedter, Bloomberg |
January 16, 2013
The Canadian dollar fell against most of its major peers as government officials in Russia and Japan criticized monetary policies that have devalued major currencies in an attempt to spark economic growth.
-
By Wes Goodman and Daniel Kruger, Bloomberg |
January 14, 2013
Shinzo Abe is set to become the best friend of investors in Treasuries as Japan’s prime minister buys U.S. government bonds to weaken the yen and boost his nation’s slowing economy.
-
By John Detrixhe and Joseph Ciolli, Bloomberg |
January 11, 2013
The yen reached the weakest since June 2010 versus the dollar after Japanese Prime Minister Shinzo Abe’s government said it will spend 10.3 trillion yen ($116 billion) in new stimulus efforts that tend to weaken a currency.
-
By Austin Kiddle |
January 9, 2013
As Japan's new Prime Minister Abe is determined to fight deflation and spur economic growth in Japan, he has renewed interests among Japanese funds in gold as an asset class among the pension funds.
-
By Mayumi Otsuma, Bloomberg |
January 8, 2013
Japan plans to use its foreign-exchange reserves to buy bonds issued by the European Stability Mechanism and euro-area sovereigns, as the nation seeks to weaken its currency, Finance Minister Taro Aso said.
-
By Emma Charlton and John Detrixhe, Bloomberg |
December 27, 2012
The euro strengthened to an almost eight-month high versus the dollar after French consumer confidence unexpectedly improved and Italian business sentiment climbed, underpinning demand for the region’s assets.
-
By Allison Bennett and Masaki Kondo, Bloomberg |
December 26, 2012
The yen weakened past 85 per dollar for the first time since April 2011 as Japan’s Prime Minister Shinzo Abe said he would push for “bold monetary easing.”
-
By Austin Kiddle |
December 21, 2012
Comex gold futures tumbled 1.31% on Thursday to end at $1,645.90. Week-to-date, gold futures have fallen 3.01%, trimming this year's gain to around 5%.
-
By Allison Bennett and David Goodman, Bloomberg |
December 20, 2012
The yen traded at an almost 20-month low against the dollar after the Bank of Japan boosted monetary stimulus and agreed to review its 1 percent inflation target.
-
By Allison Bennett and David Goodman, Bloomberg |
December 17, 2012
The yen fell to the weakest level since April 2011 versus the dollar after Shinzo Abe’s Liberal Democratic Party won Japanese elections yesterday, giving him a mandate to act on pledges of expanded monetary stimulus.
