NEW YORK, Jan 31- JPMorgan Chase& Co, the largest U.S. bank, agreed to pay $99.5 million to settle its portion of an antitrust lawsuit in which investors accuse 12 major banks of rigging prices in the $5.3 trillion- a-day foreign exchange market. Made public on Friday night, the settlement is the first in the nationwide litigation and resolved claims over JPMorgan's...» Read More
There is nothing pretty about what's happening in Europe. But this strategist thinks the euro itself isn't looking so bad right now.
Governments can "create" jobs in a non-Keynesian manner. The first thing to do is generate incentives for private sector companies to hire more staff, writes Moorad Choudhry, Head of Business Treasury, Global Banking & Markets at the Royal Bank of Scotland.
European leaders talk and talk, and hot money cools toward Asia — it's time for your FX Fix.
South Korea on Thursday dismissed as "inappropriate" recent remarks by Japan's top trade negotiator that Seoul was trying to keep the won cheap and that such efforts posed a serious challenge to Japanese firms.
As investors continue to reach for yield, are we heading for a credit bubble, with CNBC's David Faber; Peter L. Briger, Jr., Fortress Investment Group LLC principal and co-chairman; Marc Lasry, Avenue Capital, co-founder and chief executive; Bruce Richards, Marathon Asset Management president and CEO; Boaz Weinstein, Saba Capital Management LP founder.
The euro has taken quite a fall as worries about the debt crisis there have grown, and this strategist says there is more to come.
The BRICS turn the tables and the Belarussian ruble takes a dive - it's time for your FX Fix.
Investors will have to deal with an avalanche of news flow from Europe on Wednesday ahead of a crucial meeting of euro zone finance ministers and US Treasury Secretary Tim Geithner on Friday.
Long dollar positions are growing, especially against the euro. That could get interesting as the FOMC meeting nears.
Predications of global economic collapse are overstated, and ignore the market, says blogger Vince Farrell.
Everybody's worried about the euro zone, but Turkey gets some good news — it's time for your FX Fix.
Global financial markets continue to be roiled by the complex and alarming newsflow surrounding the European debt crisis. But the trading strategy for the upcoming votes on the bailout is straightforward.
Greece's problems are scaring everybody in the euro zone, but the Bulgarians still want in - it's time for your FX Fix.
Angel Gurria, secretary-general of the Organisation for Economic Co-Operation and Development, issued a strong defense of the euro over the weekend.
It has been another dramatic weekend in the euro zone. On Friday, Germany’s representative on the European Central Bank's governing council, Juergen Stark, resigned in protest at the bank's decision to buy Italian and Spanish bonds. He will be replaced by German deputy finance minister Joerg Asmussen.
Beijing is likely to face international pressure to allow its currency to appreciate faster as national trade with other countries remains robust. The FT reports.
Breaking down a currency trade from start to finish, with CNBC's Melissa Lee and the Money In Motion traders. Also, how you can profit from the $4 trillion currency market, and getting short the Australian dollar.
The euro is in free fall as panic over Europe heats up. Discussing how low the euro will go, with CNBC's Melissa Lee and the Money in Motion traders. Will the Greeks get the boot from the Eurozone?
Currency intervention gains steam, economic reports lose it - it's time for your FX fix.
The euro is nothing more than an economic mirage because it lacks the essential building blocks of a long-term secure currency, according to Tim Martin, chairman of UK pub restaurant chain JD Wetherspoon.