Guest Commentator of CFETS, Dec 11th, 2015 The China Foreign Exchange Trade System (also known as CFETS) has published CFETS exchange rate index on its website on December 11th. ... Read More
Oil is plunging again, this time in the wake of OPEC’s inability to limit its members’ production. The US dollar, meanwhile, is up on the divergence between Fed tightening ... Read More
The European Central Bank (ECB) has issued a press release to inform regarding its Monetary policy decisions at today’s meeting. According to the press release, ECB decided that: The interest ... Read More
The European Central Bank president is poised to take action to tackle inflation in the single currency bloc. Here are some of his options After October’s meeting of the ... Read More
Greek banks will not need any further recapitalisation after the latest round, in which the European Central Bank put their additional capital needs at 14.4 billion euros, the ECB’s ... Read More
Currency may extend slide toward $1.03, Mizuho’s Karakama says ECB to boost stimulus Dec. 3, Bloomberg economist survey shows The euro headed for its biggest monthly decline since March ... Read More
The European Central Bank (ECB) and the People’s Bank China (PBC) successfully test their bilateral currency swap arrangement The tests serve to confirm operational readiness and are not a ... Read More
Asian markets were mostly higher on Thursday on the prospect of fresh European stimulus even as new data reinforced expectations for tighter U.S. monetary policy. The euro traded above the $1.06 ... Read More
Axel Weber said Britain would probably get a good deal if it voted to leave The chairman of one of Europe’s biggest banks said Tuesday that if the U.K. ... Read More
Investors need confidence Greece’s debt is sustainable Servicing obligations are only part of the equation, U.S. says The U.S. is pressing euro-area countries to agree to an overhaul of ... Read More
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