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By Marc Nemenoff |
February 13, 2013
Currencies have been reacting both up and down with statements released as G-7 responds to recent slides in the yen as the Bank of Japan tries to fight deflation by intervening against the yen against the dollar and the euro.
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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 Joseph Ciolli, Bloomberg |
February 11, 2013
The euro rose against the majority of its 16 most-traded peers after European Central Bank council member Jens Weidmann said the currency isn’t seriously overvalued.
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By Gary Kamen |
February 11, 2013
Market Pulse for February 12
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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.
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By Ari Altstedter, Bloomberg |
January 25, 2013
The Canadian dollar fell to the lowest level against its U.S. peer in almost six months after a report showed consumer prices declined more than forecast last month as growth cools in the world’s 11th largest economy.
