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By Joseph Ciolli and Anchalee Worrachate, Bloomberg |
January 14, 2013
The yen touched the weakest level versus the dollar since June 2010 on bets Japanese Prime Minister Shinzo Abe will select a central-bank chief who will expand monetary easing, accelerating the currency’s decline.
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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.
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By John Detrixhe, Bloomberg |
January 7, 2013
Pacific Investment Management Co.’s new normal, the prediction that global economic growth and investment returns would tumble, is proving half right.
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By Inyoung Hwang, Bloomberg |
December 26, 2012
U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third day, as President Barack Obama and Congress prepared to resume budget talks and retailers slumped after the Christmas holiday.
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By Kevin Davitt |
December 19, 2012
If you have been following the classic carry trade of late you may have noticed the best “risk on” vs. “risk off” indicators available to traders and investors.
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By Claudia Carpenter and Lu Wang |
December 18, 2012
Stocks rallied, sending the S&P 500 to a two-month high, and commodities gained on signs of progress in U.S. budget talks.
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By Grant Smith and Lu Wang, Bloomberg |
December 17, 2012
U.S. stocks rose, sending the Standard & Poor’s 500 Index to an almost two-month high, as investors weighed prospects for a budget deal in Washington.
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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.
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By Joseph Ciolli, Bloomberg |
December 12, 2012
The dollar fell against the euro after the Federal Reserve added to its monetary-stimulus program by announcing plans to buys more Treasuries, renewing concern the measures will debase the U.S. currency.
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By Joseph Ciolli and Neal Armstrong, Bloomberg |
November 19, 2012
The dollar fell against all 16 of its most-traded counterparts as speculation U.S. lawmakers will reach agreement on the nation’s budget and avert the so-called fiscal cliff damped demand for safety.
