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By Lukanyo Mnyanda and Anchalee Worrachate, Bloomberg |
June 19, 2013
The pound’s rally to a four-month high against the dollar is proving too much for currency traders unsure whether Mark Carney will step up stimulus efforts when he takes over as Bank of England governor next month.
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By Neal Armstrong and John Detrixhe, Bloomberg |
June 19, 2013
The dollar fell against the majority of its most-traded peers amid bets Federal Reserve Chairman Ben S. Bernanke will signal the central bank plans to maintain bond purchases that risk debasing the currency.
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By Dan Gramza |
June 19, 2013
Strong fundamentals move markets higher, but follow-through is an open question at this point.
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By Gabrielle Coppola and Josue Leonel, Bloomberg |
June 18, 2013
Brazil’s real touched a four-year low, prompting the central bank to intervene for a second straight day as a report showed higher-than-forecast inflation.
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By Ye Xie and Belinda Cao, Bloomberg |
June 18, 2013
Currency strategists from Barclays Plc to Deutsche Bank AG are telling investors to sell the yuan, this year’s best-performing emerging-market currency, as growth slows in the world’s second-largest economy and inflows wane.
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By Dan Gramza |
June 18, 2013
The markets wait on the Fed, but a clear pre-meeting bias could set the early tone of any reaction.
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By Ben Bain and Jonathan Levin, Bloomberg |
June 17, 2013
Mexico’s peso is losing its status as the best carry-trade currency for Japanese investors as the Bank of Japan signals reluctance to boost stimulus while the Federal Reserve weighs curbing its asset purchases.
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By John Detrixhe and Neal Armstrong, Bloomberg |
June 17, 2013
The yen weakened versus all of its 16 most-traded counterparts as stocks around the world gained, reflecting reduced haven demand.
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By Jeff Greenblatt |
June 17, 2013
This is a market of relationships. The more we understand those relationships, the better we are prepared for the unknown.
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By Dan Gramza |
June 17, 2013
Most markets -- stocks, interest rates, forex, commodities -- are slipping into a sideways trading pattern.
