The yen held firm, while the euro posted its second straight month of declines as tensions between Ukraine and Russia flared up again.» Read More
Previewing next week's market, and upcoming news from China about rate cuts, and a possible stimulus package, with Mad Money host Jim Cramer.
China stays on target and Italy takes a rating cut - it's time for your Friday FX Fix.
Shares of Caterpillar are down 11.8 percent YTD, and the Fast Money traders discuss whether the stock is falling apart; and weighing in on China's economy ahead of its GDP number, with Jing Ulrich, JPMorgan. "Inflation is down, which means, in the coming few months, we'll have monetary policy easing from the central government," says Ulrich
Fed meeting minutes are looming and Spain has a new austerity plan — it's time for your FX Fix.
Kathy Lien, Managing Director, BK Asset Management says that given the pessimistic outlook from the ECB, traders are expecting more easing from the central bank.
Summit progress lifts the euro and the Bank of England talks tough — it's time for your FX Fix.
Michael Woolfolk, MD & Senior Currency Strategist at BNY Mellon discusses his expectations for the EU summit. He adds that unfavorable market and political conditions could be a drag on the euro.
The euro steadies ahead of the summit and the British go shopping - it's time for your FX Fix.
Thio Chin Loo, Senior Currency Strategist, BNP Paribas questions how much of an impact possible quantitative easing from the Fed will have on markets.
Officials brace for the Greek election and it's tax time in Russia — time for your FX Fix.
China has emerged as one of the fastest-growing sources of international buyers for U.S. real estate – in what some see as a sign that China’s rich are increasingly seeking to take their money out of the country., the FT reports.
Enzio Von Pfeil, CEO, Commercial Economics Asia says that removing the Hong Kong dollar's peg to the greenback will not be a panacea for asset bubbles in Hong Kong given the current global low interest rate environment.
Hans Timmer, Director, Economic Prospects Group at the World Bank says that China is undertaking fundamentals changes and taking steps for the yuan to ultimately become a reserve currency.
Mike Werner, China Banking Analyst, Sanford C. Bernstein says that more monetary easing is good for Chinese banks.
Donna Kwok, Greater China Economist, HSBC says that there will be no more interest rates cuts in China this year.
Vishnu Varathan, Market Economist, Mizuho Corporate Bank says inflation isn't a big problem in China right now.
Pain in Spain dents the euro, and China's rate cut hits the Aussie - it's time for your Friday FX Fix.
Kevin Lau, Senior Economist for Global Research at Standard Chartered says China will do more to fend off external headwinds in the coming months. He expects the PBoC to issue 2 additional rate cuts, and 3 more RRR cuts in the second half of the year.
Arjuna Mahendran, MD & Head of Investment Strategy Asia, HSBC Private Bank says that China's latest interest rate cut and recent widening of the Yuan trading bandwidth, is part of Beijing's plans to liberalize its financial markets.
Stimulus hopes lift the euro and China's rate cut makes the Aussie jump - it's time for your FX Fix.