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By John Detrixhe, Bloomberg |
April 3, 2013
The yen gained versus the dollar, erasing yesterday’s loss, amid speculation a decision tomorrow by the Bank of Japan will signal its monetary-easing efforts will fall short of its goals and fail to reignite inflation.
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By Phil Flynn |
April 2, 2013
While manufacturing reported weakness caused a drop in oil, heating oil led a product comeback. Yet it was natural gas that quietly closed above $4.00 that was perhaps the most interesting move of the day.
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By Daniel P. Collins |
April 1, 2013
With central banks publicly decrying currency manipulation, the forex markets are returning to a semblance of normalcy. What will that mean for 2013?
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By Jae Hur and Yoshiaki Nohara |
March 29, 2013
In overseas trading, expectations for economic stimulus have fueled back-to-back quarterly gains in Japan’s Nikkei 225.
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By Aya Takada and Yasumasa Song |
March 28, 2013
A slump in the yen against the dollar may be behind the Tokyo Commodity Exchange's first profit in six years.
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By Andy Sharp and Keiko Ujikane, Bloomberg |
March 28, 2013
Japanese Prime Minister Shinzo Abe took power in December as confidence among manufacturers hit a three-year low. Now, as the yen weakens and stocks surge, sentiment is set to rebound by the most since 2011.
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By Siddharth Philip, Bloomberg |
March 26, 2013
Ford Motor Co. Chief Executive Officer Alan Mulally said he’s concerned that the depreciation of the yen is bolstering the competitiveness of Japanese carmakers.
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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 John Detrixhe and Anchalee Worrachate, Bloomberg |
March 14, 2013
The yen dropped to almost the weakest since August 2009 after the lower house of parliament endorsed Haruhiko Kuroda, an advocate of increased stimulus, as the next central bank governor.
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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.