Due to breaking news on last Friday's Money In Motion, we dropped my trade structure for today's FOMC meeting. Here's the info.
Nerves ahead of a Fed policy decision, doves at the Bank of England - it's time for your FX Fix.
"The whole issue of peripheral Europe and debt restructuring is a process. It¿s not going to be solved in one big bang and having covered emerging markets for many years this is nothing new," Sailesh Jha, head of Asia market strategy at SEB Bank Singapore told CNBC. "So we¿ll get several different processes taking place and the first one is September 29 and what the German parliament approves in terms of the ESFS facility and I think our core view is that it¿s going to be passed¿.and then we go to the next stage."
The Hong Kong dollar has been in the spotlight since investor Bill Ackman announced he had taken a big long position in the currency. Whether you should is another matter.
With little or nothing positive on the horizon for Europe, here's a way to trade into a healthier economy.
Bill Ackman is betting the Hong Kong dollar will appreciate. Does that mean you should, too, with CNBC's Melissa Lee and the Money In Motion traders. Also, how to manage a currency trade that's not working out. On August 26th, Andy Busch recommended a bullish bet on the Mexican peso. It has since fallen to a 1-year low vs. the dollar.
For most of the summer, markets seemed to pick a different European country as their focus of their angst almost every day.PIIGS is a not too favorable term used by bond analysts, academics, and the press, to refer to certain countries of Europe. So which countries make up the PIIGS? Why are they important to track? CNBC explains.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.