The coverage of BP’s Deepwater Horizon spill is teaching the typically secretive oil industry something about life in the limelight. Now, the company has to account for every cent it spends. View full post on Economic news – CNNMoney.com
The Swiss franc rose to a high against the euro on Tuesday and a seven-month peak against the dollar View full post on FT.com – Currency Markets News and Data
There was an unusual amount of disagreement among Fed policymakers at their last meeting over what the central bank should do to address the increasingly uncertain state of the U.S. economic recovery, according to the minutes released Tuesday. View full post on Economic news – CNNMoney.com
Hong Kong’s bankis accumulated renminbi deposits at the fastest pace in more than two years in July as China boosted the international use of its currency View full post on FT.com – Currency Markets News and Data
The BOJ’s lending program expansion was highly expected and will not turn the economy around, says Martin Schulz, senior economist at Fujitsu Research Institute. He assesses the central bank’s steps with CNBC’s Karen Tso & Bernard Lo. View full post on All News, Video and Posts related to TOPIC: Currencies
Swiss franc continues to ride on wave of risk aversion trade and strengthens across the board today. Its strength impressively surpasses yen and dollar. Some cites the strong UBS consumption indicator, which rose to two year high of 1.86 as a trigger for swissy’s strength. But it’s believed that safe-haven View full post on Action Insight [...]
For the growing number of struggling homeowners in this country, more help is on the way. Additional aid from the federal government will begin making its way to them next month — one program would help qualified homeowners refinance their mortgages after seeing their property values fall below the amount they owe, and the other [...]
The Swiss franc rose to a high against the euro on Tuesday and a seven-month peak against the dollar View full post on FT.com – Currency Markets News and Data
For the yen to weaken against the dollar, the U.S. economy would need to look a little bit better, says Sean Callow, senior currency strategist at Westpac Bank. He talks currencies, with Markus Rosgen of Citi & CNBC’s Karen Tso. View full post on All News, Video and Posts related to TOPIC: Currencies
Mitul Kotecha, head of global FX strategy at Credit Agricole, says the BoJ isn’t doing enough. He tells CNBC’s Chloe Cho, Yousef Gamal El-Din & Maithreyi Seetharaman that markets want to see a weaker yen carried out either through direct FX intervention or an increase in JGB purchases. View full post on All News, Video and [...]