The dollar edged up against the yen on Friday on light bargain hunting, with markets slowly getting into gear after the Christmas holiday.» Read More
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.
Corporate earnings weigh and Hong Kong steps in — it's time for your FX Fix.
Vasu Menon, Vice President of Wealth Management Singapore, OCBC Bank says that China's slowdown is bottoming out as there has been quarter on quarter growth.
Greg Gibbs, Senior Currency Strategist at RBS, says investors should price in a rate cut for the Aussie.
Hopes lift the dollar, stalling in Spain hits the euro — it's time for your FX Fix.