Japan did not intervene in currency markets between Jan. 28 and Feb. 25, the Ministry of Finance said on Monday, even as the yen looks set to post its biggest ... Read More
It seems increasingly likely the next Global Financial Meltdown will arise in the FX/currency markets. Central banks are like generals: they tend to fight the last war. The Great Financial ... Read More
The People’s Bank of China allowed the yuan to depreciate almost 2 percent against the U.S. dollar to levels last seen three years ago, sending a shock through currency ... Read More
Asian equities stumbled on Friday after a survey showed China’s manufacturing activity crumbled to 15-month lows, rekindling concerns for the region’s exports as the world’s second-largest economy struggles to ... Read More
‘Alternative Credit Program’ clients were fast-tracked through less intensive version of bank’s normal credit checks Citigroup Inc. has closed down a little-known program that allowed a small group of coveted clients ... Read More
Nervous markets will favour the greenback as a traditional safe-haven asset, but not the Australian dollar. Volatility is creeping back into the market and creating headaches for foreign exchange ... Read More
They speak different languages, they come from different backgrounds, yet all have the same message of frustration that’s threatening to redraw the European political map over the next year. ... Read More
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