Unexpectedly strong non-farm payroll data boosted the dollar, despite the cold winter across much of the United States.» Read More
Northern European economies feel a chill and China reins in the yuan — it's time for your FX Fix.
Donna Kwok, greater China economist at HSBC, says that data all around the globe--Chinese data being no exception--are revised all the time. The main thing is to focus on the trends and more importantly the sequential trend.
The President and Congress will not be able to raise taxes—be those on the wealthiest of the wealthy or anyone else—and cut spending without risking a second recession, deeper and more painful than the Great Recession.
John Hudak, Fellow, Governance Studies, Brookings Institution says that the deceleration is over in China and the new leadership recognize that double digit growth is not possible.
The dollar drags on Obama's win and the euro sags on German gloom — it's time for your FX Fix.
The Hong Kong dollar is the solution to China’s currency problem. Over the last few weeks the territory’s monetary authority has had to intervene in markets to stop the currency from rising against the U.S. dollar. Some HK$14.3 billion ($1.85 billion) has been spent to preserve the peg. In these times of economic uncertainty, the need for an investable hard currency is so intense that even our little Hong Kong dollar is seen by some as a safe haven.
An Obama re-election will only fuel corporate America’s fears as it holds back on investing in the country amid a stalemate over the “fiscal cliff” and lack of clarity over tax rates, billionaire investor Wilbur Ross told CNBC.
Callum Henderson, Global Head of FX Research at Standard Chartered, says currency investors could see two very different scenarios based on the results of the U.S. elections.
China will undergo a major political transition at the end of the week, and this pro has a trading plan.
Kingsley Jones, Founder and CIO, Jevons Global says that is difficult for China to grow its consumer base, but adds there are still opportunities in the telco and healthcare sectors.
This pro says don't expect Sandy to buffet currencies the way it has the northeast.
Don't look now, but China may be stepping away from its practice of controlling the level of the yuan.
Earnings lift risk appetite, Spain says it needs a little help from its friends — it's time for your FX Fix.
The Bank of Japan falls short and Europeans go shopping — it's time for your FX Fix.
Callum Henderson, Global Head of FX Research at Standard Chartered, says the BOJ's asset purchase plan should only be the start of its monetary intervention policy.
Boris Schlossberg, Managing Director, BK Asset Management says that quantitative easing from the Bank of Japan is the only thing that can soften the yen.
Easing hopes hit the yen and British GDP rebounds — it's time for your FX Fix.
Nick Verdi Director of FX Strategy Asia Pacific ex-Japan at Barclays, says the euro is still worth hanging on to and shares his trading strategy for the currency.
Frederic Neumann, MD & Co-Head of Asian Economics Research, HSBC says the improvement in the flash China PMI for October does not reflect a resurgence in manufacturing activity, but shows a gradual pick up instead.