The euro recovered from a 11-month low against the dollar, helped by better-than-expected German private sector growth data.» Read More
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.
Spain's pain hits the euro and China and Japan go direct - it's time for your FX Fix.
Erwin Sanft, Executive Director, Deputy Head of Asian Equities Research, BNP Paribas Securities (Asia) says he expects the government to act more directly to turn China's economy around. He adds that growth has replaced inflation as a top concern for policy makers in China.
Stephen Sheung, VP & Investment Strategist, SHK Private gives his outlook for the China markets. He adds that the railway and infrastructure sectors hold opportunities for investors.
Recently, Beijing announced it would permit the yuan to rise in value as much as one percent each day. This was greeted by China watchers as an important indication Beijing would finally permit the yuan to rise against the dollar significantly enough to reduce the U.S. trade imbalance with the Middle Kingdom.
Risk appetite sours on Greece and China tries to spur growth - it's time for your FX Fix.