USD/JPY at 99.70 on Bets G-20 Will Endorse BOJ Stimulus
The yen held losses against most major peers on bets Group of 20 finance ministers and central banke...
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Chinese Banks Lending Yuan Offshore at Discount Rates
As China’s cash squeeze claims victims across the nation — from a bailout-seeking shipyard t...
Chinese Economic Slowdown Scare May Be Overplayed
The figures haven’t been kind to China lately. Gone are the days of double digit growth, trade...
Confident or in denial? Paulson not worried about gold massacre
Legendary hedge fund manager John Paulson remains undaunted by the huge plunge in gold, maintaining ...
US North Dakota – Canada Oil Pipeline Approved
Sen. John Hoeven of North Dakota said in a press release Tuesday the State Department has approved c...
EURUSD settles around 1.3110, AUDUSD likewise at 0.9230, GBPUSD at 1.5210, USDJPY at 99.70, gold at 1275
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Fed to Tighten as Most Central Banks Ease
Central banks have a variety of mechanisms to influence the economy. None is more visible than inter...
GBP/USD – Higher After Excellent UK Unemployment Numbers
The British pound posted gains on Wednesday, following a superb reading from British Claimant Count ...
IMF Tells China – urgent need for Economic Change
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USD/CAD – Loonie Loses Ground After BOC’s Dovish Statement
USD/CAD has moved higher, and is trading in the low-1.04 range in Wednesday’s North Americ...
BoC Poloz has kept the mild tightening bias intact
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Bank of Canada maintains overnight rate target at 1%
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per...
The Five Topics That Could Derail TPP
Negotiators present at the TPP talks in Malaysia have outlined the five topics that could negatively...
AUD/USD – Little Change as Markets Await Bernanke Comments
The Australian dollar had a banner day on Tuesday, climbing about 150 points, after the RBA minutes...
Bernanke: Jobs situation “far from satisfactory”
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Bernanke: AP not on a “preset course” – expects purchases to taper this year and end mid-2014
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Bernanke’s Dovish Tone Sparks US Tsy Rally
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China says June FDI +20.12% Y/Y to $14.4bln
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PBOC sets Yuan Mid-Point at 6.1652 Vs Last Close 6.1350
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BoE unanimous against more QE
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