The yen held off a five-year trough on the euro and a six-month low versus the dollar on Thursday following a whippy session overnight that lacked conviction as key event risks including U.S. jobs data loomed.» Read More
The European Central Bank decides to keep interest rates at the low, low rate of 1%, but hints that could change as early as April. Meanwhile, in China, a central bank governor predicts the yuan will become a reserve currency. Your daily FX fix, right here.
Emerging-market Asian currencies were on a tear in 2010, but sentiment has shifted dramatically this year. Citi's Johanna Chua explains why the negativism is overdone in some cases, and where currency investors could do well now.
The dollar is continuing its slide and euro buyers are emerging, drawn by hopes for relatively attractive yields - but how long before Portugal needs a bailout? Your daily FX Fix, right here.
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Credit Agricole's head of global FX strategy expects the yuan to appreciate 4.5% this year, but the yen to move lower.
A mystery is brewing at the European Central Bank, and China is getting some indirect heat. Here's your FXFix for Friday.
In case you haven't been paying attention to the IMF's proposals for changes to Special Drawing Rights - and really, who has been? - here are some reasons you should.
China has not seen a surge in “hot money” coming into the country, the country’s foreign exchange regulator said on Thursday, despite the loose monetary policy in the US that Beijing has sometimes blamed for causing destablising capital inflows.
China throws cold water on hot money, and Middle East tensions fuel a rise in the Swiss franc. Here's your daily FX Fix.
The dollar delivers, and the pound takes a pounding. Here's your daily wrap of news getting attention in currency circles.
The United States isn't the only country unhappy with China's monetary policy. But it's not going to get direct lobbying help from Brazil.
China's inflation number came in at 4.9 percent—with food prices jumping 10.3 percent.
China's January inflation numbers have come in at 4.9 percent.
Europe gets messier, and the Chinese are (finally) buying someone else's stuff—Here's your FX Fix.
...China takes baby steps and Vietnam dings its dong—again. Here's your FX Fix.
...and jitters are spreading—it's time for your FX Fix.
China’s government, increasingly worried about soaring inflation, plans to continue tightening its money supply and will probably raise interest rates again within the month, reports the New York Times.
Inflation is starting to slow China’s mighty export machine, as buyers from Western multinational companies balk at higher prices and have cut back their planned spring shipments across the Pacific. The NYT reports.
A number of people, myself included, have looked to Ronald Reagan’s Cold War triumph over the Soviet Union as a possible solution to Red China’s rising arrogance. Times are different today. But Reagan argued forcefully that domestic economic growth is the best weapon against foreign threats.
Chinese President Hu Jintao is in Washington this week meeting with President Obama and members of Congress. While the meetings are reportedly cordial, there isn’t much agreement economically. No surprise.