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Are We Stuck In A Currency War?
Tuesday, September 8, 2015 - 1:11pm | 290Last month, the People's Bank of China devalued the nation's currency after Beijing's efforts to kickstart the stalling economy appeared to be failing. The yuan's slide caused market turmoil as investors worried about how a slowdown in China would affect the rest of the world and whether central...
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G20 Statement Means Strong Dollar Likely To Continue
Wednesday, February 11, 2015 - 8:28am | 455This week’s Group of 20 (G20) summit was largely focused on how the world’s top finance leaders can promote economic growth and keep the global economy afloat during a turbulent period. On Tuesday, the group emerged from their discussions touting the benefits of aggressive central...
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Japanese Yen Falls Against US Dollar & Euro
Monday, February 27, 2012 - 3:44pm | 707The Japanese yen reversed course and strengthened against the American dollar, the euro and other major currencies during trading on Monday. One of the reasons for the strengthening yen was that the Group of 20 nations resisted the requests from European Union leaders to increase the contribution...