The dollar hit a peak of 80.37 yen, its highest level since mid-July, with traders citing buying by Japanese importers and offshore players. This took
FOREX-Yen hits 7-mth low vs dlr; euro outlook cautious
The dollar hit a peak of 80.37 yen, its highest level since mid-July, with traders citing buying by Japanese importers and offshore players. This took
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Is the European crisis over or just beginning?
As that dynamic is an ever-changing verdict, the bulls will argue that European policymakers have successfully navigated the sovereign sequel to the first phase of our financial crisis.
They are also quick to note the difference between “drugs that mask the symptoms,” as administere
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Don’t sell a dull stock market short
You’re not alone. You’re just like the cowboys of old who got worried when, on patrol, they perceived trouble when things got too quiet.
Yet there is surprisingly little support for such concern when it comes to the stock market. Equities do not do worse, on average, when things are quiet than when the market is volatile. In fact,
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US Economist Kenneth Rogoff: 'Germany Has Been the Winner in the Globalization Process'
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Euro rises ahead of Monday euro zone meeting
the dollar and the yen on Friday on hopes for a
rescue package for Greece but gains were capped before a key
meeting on Monday with investors hesitant to make big
bets before a U.S. holiday weekend.
Greece edged closer to winning the 130 billion euro rescue
as officials said Germany was optimistic a deal could be struck
despite misgivings that A
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Global Stocks, Metals, Oil Advance on Greece
The MSCI All-Country World Index (MXWD) gained 0.5 percent at 9:20 a.m. in London, on course for the highest close since Aug. 1. Standard & Poor’s 500 Index fu
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Vatican told to pay taxes as Italy tackles budget crisis
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Being Long Euros is Lonely
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Rise in China’s Currency Goes Largely Unnoted
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China central banker backs euro, vows more support
Central bank governor Zhou Xiaochuan also repeated remarks by Premier Wen Jiabao that China was ready to get more involved in efforts to resolve the eurozone debt crisis, whic
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Bank of Japan surprises with fresh easing
The central bank said it will increase the size of its “powerful monetary easing” to ¥65 trillion ($835.83 billion) from ¥55 trillion, with the net ¥10 trillion increase earmarked for the purchase of Japanese government bonds.
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Stocks Drop as Moody’s Cuts Ratings on Six European Nations; Euro Weakens
The MSCI All-Country World Index (MXWD) declined 0.2 percent as of 8 a.m. in London. The Stoxx Europe 600 Index lost 0.4 percent and Standard & Poor’s 50
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Forex: EUR/USD backs away from highs
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Swiss January Producer, Import Prices Decline In January
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S&P 500 May Snap 5-Week Rise on Greece Woes
Citigroup Inc. (C) and Bank of America Corp. (BAC) dropped more than 0.9 percent to pace declines among financial companies. Commodity producers retreated as Freepor
