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  • Bass: China bank crisis 5X worse than subprime Wednesday, 10 Feb 2016 | 11:51 PM ET
    Kyle Bass

    China's banks face a credit crisis with potential losses 400 percent larger than U.S. banks' losses during the subprime crisis, Kyle Bass said.

  • Dollar hits 15-month low versus yen after Yellen Wednesday, 10 Feb 2016 | 3:42 PM ET

    The dollar fell to a 15-month low against the yen on Wednesday as investors packed into the safe-haven Japanese yen.

  • WASHINGTON, Feb 9-- China's central bank likely spent about $90 billion worth of reserves in currency interventions in January, leading to net capital outflows of about $113 billion from China during the month, the Institute for International Finance said on Tuesday. The IIF, incorporating recently released partial State Administration of Foreign Exchange...

  • Dollar lower, investors flee to yen & Swiss franc Tuesday, 9 Feb 2016 | 4:31 PM ET

    The dollar tumbled to a four-month low on Tuesday as growing fears of a global slowdown pushed investors to safe-haven currencies.

  • FOREX-Dollar slumps to lowest vs yen since Nov 2014 Monday, 8 Feb 2016 | 9:31 PM ET

    *Most of Asia still shut for Lunar New Year holidays. TOKYO/ SYDNEY, Feb 9- The dollar briefly crashed through the 115- yen level to its lowest since November 2014 on Tuesday, as a sell-off in European and U.S. stocks continued into the Asian session and stoked demand for the perceived safe-haven Japanese currency. "What a panic situation," said Kaneo Ogino, director at...

  • *Most of Asia still shut for Lunar New Year holidays. SYDNEY, Feb 9- The yen held at its highest in over a year against the dollar early on Tuesday, having soared broadly as a selloff in European and U.S. stocks stoked demand for the safe-haven currency. Against the greenback, the euro flirted with $1.1200 after bouncing off Monday's low around $1.1086.

  • Dollar falls to 15-month low versus yen Monday, 8 Feb 2016 | 4:27 PM ET

    The yen surged by half a percent against the dollar as worry over Europe's banks drove capital to the safety currecny.

  • *Dollar falls to lowest vs yen since November 2014. NEW YORK, Feb 8- The dollar fell to a 15- month low against the yen on Monday as a renewed slide in oil prices and doubts about the effectiveness of the Bank of Japan's negative interest-rate policy drove investors back into the safe-haven currency. "A bit of it is positioning," said Charles St-Arnaud, senior...

  • FOREX-Yen gains as banking worries hit euro, stocks Monday, 8 Feb 2016 | 8:06 AM ET

    LONDON, Feb 8- The yen surged by half a percent against the dollar on Monday as worry over Europe's banks drove capital to the safety of the Japanese currency. It fell 0.4 percent against the dollar, to $1.1121. "The strong yen stands out," said Stephen Gallo, a strategist with BMO in London.

  • FOREX-Dollar back on defensive as stocks head lower Monday, 8 Feb 2016 | 5:03 AM ET

    LONDON, Feb 8- The dollar turned lower against the euro in Europe on Monday as stock markets resumed their decline, wiping out gains based on Friday's U.S. jobs report. "Ultimately the dollar is still likely to trade on a weaker footing," said Lee Hardman, a currency economist with Bank of Tokyo-Mitsubishi-UFJ in London. The Aussie dollar was up 0.5 percent against its...

  • China FX reserves fall almost $100B in January Sunday, 7 Feb 2016 | 5:25 AM ET

    China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows.

  • BEIJING, Feb 7- China's foreign reserves fell for a third straight month in January, as the central bank dumped dollars to defend the yuan and prevent an increase in capital outflows. China's foreign reserves fell $99.5 billion to $3.23 trillion in January, the lowest level since May 2012, central bank data showed, but higher than the median forecast of $3.20...

  • BEIJING, Feb 5- China will continue to crack down on illegal foreign exchange activities but won't revert back to the "old road" of capital controls, the country's top foreign exchange regulator said. The remarks were made by Pan Gongsheng, head of the State Administration of Foreign Exchange, during separate meetings with Andrew Rashbass, CEO of Euromoney...

  • Dollar up after data suggests 2016 rate hikes Friday, 5 Feb 2016 | 5:03 PM ET

    The dollar rebounded on Friday after data showed a pickup in U.S. wages, suggesting rates hikes are more likely to happen in 2016.

  • BEIJING, Feb 5- China will continue to crack down on illegal foreign exchange activities but won't revert back to "old road" of capital controls, an official of the country's foreign exchange regulator said. The remarks were made by Pan Gongsheng, head of the State Administration of Foreign Exchange, at a meeting with Andrew Rashbass, CEO of Euromoney...

  • This is China’s next market hurdle Friday, 5 Feb 2016 | 2:16 AM ET

    China has struggled to shore up the yuan amid hefty capital outflows. Reserves data over the weekend may offer a glimpse of the challenge's severity.

  • No traction for dollar after Fed rates collapse Thursday, 4 Feb 2016 | 3:20 PM ET

    The dollar was on the defensive after a collapse in hopes of a further rise in U.S. interest rates this year drove its biggest daily fall.

  • *Graphic on UK inflation, rate: http://reut.rs/1SDRz9w. FRANKFURT, Feb 4- The world's top central banks have all but given up hope of returning to conventional monetary policy soon with many touting rate cuts, raising the risk of competitive currency devaluations and doubts they can meet their mandates. Federal Reserve and the Bank of England had expected to...

  • BEIJING, Feb 4- China's foreign exchange reserves remain abundant despite recent declines and risks from cross-border capital movements are under control, the country's foreign exchange regulator said on Thursday. "China's foreign exchange reserves remain abundant, as the ratio between outstanding short-term foreign debt and foreign exchange reserves...

  • Dollar tumbles as U.S. data suggest dovish Fed Wednesday, 3 Feb 2016 | 5:02 PM ET

    The yen rose on Wednesday as weaker stock markets in Europe spurred investors to buy safe haven assets.