Currency War

Futures Higher Following Asian, Yen Strength U.S. equity futures rose sharply pre-market following strength abroad overnight as Asian and European shares rallied alongside the yen slide. Yen weakness was a key driver of the risk-on environment as the USD/JPY closed in on the key 100 level once...

It's not just the Fed. All over the world, central banks are taking action to weaken their currencies as a means of stimulating their domestic economies and protecting exporters. Rampant monetary easing and cutting of interest rates has prompted talk of global currency wars, a scenario under which...