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By Brendan Murray and Scott Lanman, Bloomberg |
April 5, 2013
After watching Ben S. Bernanke take unprecedented steps for four years to rebound from the worst recession since the Great Depression, the Bank of Japan is signaling that the Federal Reserve’s full-throttle approach to stimulus is the way to end 15 years of deflation.
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By Toru Fujioka and Masahiro Hidaka, Bloomberg |
April 4, 2013
Bank of Japan Governor Haruhiko Kuroda began his onslaught to end two decades of economic stagnation and 15 years of deflation as the central bank pledged unprecedented easing, driving the yen down by the most since October 2011.
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By Liz Capo McCormick and John Detrixhe, Bloomberg |
March 19, 2013
The euro fell to a three-month low against the dollar as Cyprus’s parliament voted down an unprecedented bank-deposit levy, fueling speculation the nation’s bailout will falter.
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By Joseph Ciolli and Anchalee Worrachate, Bloomberg |
March 13, 2013
The dollar rose against most of its major peers after a report showed U.S. retail sales in February exceeded forecasts, bolstering optimism in the world’s largest economy.
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By John Detrixhe and Anchalee Worrachate, Bloomberg |
March 12, 2013
The yen rose for the first time in five days against the dollar as an opposition lawmaker said his party will oppose Bank of Japan Deputy Governor Nominee Kikuo Iwata, who the market sees as endorsing monetary policy easing.
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By Justin Pugsley |
March 8, 2013
Masaaki Shirakawa chaired his last monetary policy meeting this week as governor of the Bank of Japan. What follows now could be the next big leg down in the JPY exchange rate.
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By Claudia Carpenter and Inyoung Hwang, Bloomberg |
March 7, 2013
Stocks rose, with the Dow Jones Industrial Average reaching a third straight record, as U.S. jobless claims dropped. The euro gained as the European Central Bank said the economy may stabilize this year.
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By John Brinsley, Bloomberg |
February 25, 2013
The Bank of Japan may pack a bigger punch under Haruhiko Kuroda, an opponent of deflation who ran the nation’s currency policy and then built an international reputation leading the Asian Development Bank.
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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 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.