The dollar pulled back from a 2-1/2 month high against the yen on Thursday after surprisingly weak Chinese trade data stirred fresh concern about the world’s second-largest economy. The ... Read More
China’s yuan fell to its lowest level in six years early Monday, breaching a key psychological threshold, before erasing the losses on the first day of trading after a ... Read More
Both Fed Chair Janet Yellen and ECB President Mario Draghi are making public appearances, but they have little to show for regarding EUR/USD movements. Yellen is testifying in Washington, but the topic ... Read More
The Central Bank of Iran allowed the country’s financial institutions to issue credit cards for the first time in Iran’s history, however the cards are unlikely to be issued ... Read More
The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday amid tepid inflation and recent weak economic data, but could signal an increased likelihood of a ... Read More
The Bank of England is expected to keep its benchmark interest rate steady Thursday The Bank of England is expected to keep its benchmark interest rate steady Thursday and ... Read More
Troubles could worsen already-weak economy, imperil continent’s fragile financial stability For UniCredit SpA, the summer of discontent for Italy’s banks looks likely to stretch well into the fall—and possibly beyond. UniCredit, ... Read More
Terror attacks, refugee resettlement and international instability have shaken up Europe’s tourism market in recent months, as American travelers benefiting from a strong dollar are picking and choosing where ... Read More
Bank of Japan (BOJ) Governor Haruhiko Kuroda disagrees that there are “limits” to monetary easing, setting the stage for officials’ comprehensive assessment of the economy later this month. “It is often ... Read More
When the European Union pressured Switzerland to scrap tax breaks for foreign companies, Geneva had the most to lose. Now, the canton that’s home to almost 1,000 multinationals is ... Read More
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