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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.
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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.
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By Nicholas Larkin and Debarati Roy, Bloomberg |
January 15, 2013
Danske Bank A/S and Credit Suisse Group AG, the most-accurate gold forecasters, say prices will probably peak this year while their nearest rival, UniCredit SpA, sees no end in sight to the 12-year bull market.
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By Emma Charlton, Bloomberg |
January 10, 2013
The euro rose to the strongest since July 2011 against the yen after European Central Bank President Mario Draghi said the economy should gradually recover and the decision to refrain from cutting interest rates was unanimous.
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By Rita Nazareth and Susanne Walker, Bloomberg |
December 13, 2012
U.S. stocks fell, halting a six-day rally in the Standard & Poor’s 500 Index, as the standoff in federal budget negotiations overshadowed a drop in jobless claims and growth in retail sales.
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By Rita Nazareth and Adria Cimino, Bloomberg |
November 20, 2012
The Standard & Poor’s 500 Index fell, after yesterday’s rally, as Hewlett-Packard Co. tumbled and Federal Reserve Chairman Ben S. Bernanke said the central bank’s ability to offset headwinds is “not infinite.”
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By Emma Charlton and Kristine Aquino, Bloomberg |
November 13, 2012
The euro fell to two-month lows against the dollar and Swiss franc as European finance ministers struggled to agree on how to provide additional aid for Greece, curbing demand for the region’s common currency.
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By Phil Flynn |
November 13, 2012
In its monthly oil market report, the IEA forecast oil demand growth in 2013 unchanged at 0.8 million barrels a day but warned that risks remain skewed to the downside.
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By Rebecca Christie and Tony Czuczka, Bloomberg |
October 19, 2012
German Chancellor Angela Merkel said it’s an open question whether European policy makers can meet the deadline they’d set hours earlier to establish a euro-area bank supervisor by year-end.
