Exchange Rates Forex News

Overlay Asset Management, a $20bn foreign exchange manager, is launching a currency basket it claims represents a “virtual world reserve currency”. View full post on FT.com – Currency Markets News and Data

The precious metal has hit a series of record high prices on the back of concerns of a growing ‘currency war’ among the world’s central banks View full post on FT.com – Currency Markets News and Data

Risk was off the table in the run-up to a meeting of financial ministers in South Korea as markets eyed grapeshot fired in the ‘currency wars’ View full post on FT.com – Currency Markets News and Data

International economy: As the G20 reconvenes, deepening rifts are fuelling suspicions that a forum hastily and arbitrarily charged with safeguarding the recovery is drifting into irrelevance View full post on FT.com – Currency Markets News and Data

Ministers from the world’s leading economies were locked in debate on Saturday over an American proposal aimed at defusing rising global tensions over exchange rate policy, with the US claiming that it was overcoming resistance View full post on FT.com – Currency Markets News and Data

A US proposal aimed at defusing rising global tensions over exchange rate policy has come under fire, with Japan and Germany expressing doubts over the plan ahead of a meeting in South Korea of finance ministers from the 20 leading global economies View full post on FT.com – Currency Markets News and Data

The yen remains within touching distance of a 15-year high against the dollar as figures reveal that Switzerland aggressively added the Japanese currency to its foreign exchange reserves in the third quarter View full post on FT.com – Currency Markets News and Data

Chinese officials have been complaining for weeks about the impact of loose monetary policy in the US on economies in the developing world. With a decision to raise interest rates for the first time in almost three years, it is now clear why View full post on FT.com – Currency Markets News and Data

Washington has taken a fresh line of attack in attempts to get Beijing to allow its currency to appreciate, calling for the G20 group of leading economies to agree a cap on current account surpluses View full post on FT.com – Currency Markets News and Data

The yen remains within touching distance of a 15-year high against the dollar as figures reveal that Switzerland aggressively added the Japanese currency to its foreign exchange reserves in the third quarter View full post on FT.com – Currency Markets News and Data