Search Results for: federal Reserve
Yen Weakens Third Day as BOJ Maintains Easing; Aussie, Kiwi Gain
December 19th, 2014
The yen fell for a third day against the dollar as the Bank of Japan maintained unprecedented stimulus that has seen the exchange rate decline for five straight months. Japan’s currency fell at least 0.3 percent versus all 16 ...
Brent steady above 61 dollars
December 18th, 2014
Brent crude held steady above $61 a barrel on Thursday, bringing a sharp drop in prices to a temporary halt as companies are forced to cut upstream investments around the world. Chevron Corp has put a plan to drill ...
Dollar Gauge 0.1% From Five-Year High After Fed as Won Slides
December 18th, 2014
A gauge of the dollar was 0.1 percent from a five-year high amid speculation the Federal Reserve will raise interest rates next year after removing a pledge to keep them low for a “considerable time.” The U.S. currency matched ...
Fed issued final rule to ensure the treatment of over-the-counter (OTC) derivatives, eligible margin loans, and repo-style transactions
December 17th, 2014
The Board of Governors of the Federal Reserve System and Office of the Comptroller of the Currency today issued an interim final rule to ensure that the treatment of over-the-counter (OTC) derivatives, eligible margin loans, and repo-style transactions under ...
Yen Falls From Four-Week High Before Fed as N.Z. Dollar Slides
December 17th, 2014
The yen retreated from the strongest in four weeks against the dollar before the Federal Reserve concludes a two-day policy meeting today. The yen has been the biggest gainer among the 10-currency Bloomberg Correlation-Weighted Indexes in the past week ...
Russia’s ruble rout rattles emerging markets
December 16th, 2014
Russia’s currency rout has sent a shudder through global markets and the sell-off is spreading to other emerging markets. The Russian ruble plunged about 12% Monday, while the Indonesian rupiah fell to its lowest level since the 1997 Asian ...
Oil plumbs depths as OPEC refuses to blink
December 16th, 2014
A modest rebound by oil futures gave way to fresh selling Monday, clearing the way for a new round of lows after the Organization of the Petroleum Exporting Countries offered no indication it’s ready to blink and cut production. ...
Yen Gauge Rises to Five-Week High on Haven Bid; Rupiah Declines
December 16th, 2014
A gauge of the yen climbed to a five-week high as investors sought a haven after crude oil slumped and Russia raised interest rates. Australia’s dollar touched the lowest level in more than four years against the greenback after ...
U.S. stocks finished lower on Monday
December 16th, 2014
U.S. stocks finished lower on Monday, topping off a wild ride that had the Dow Jones Industrial Average trading in a more than 300-point range on either side of neutral as investors monitored the price of oil. “Everyone keeps ...
Yen Climbs After Election; Aussie Near Low on Iron Prices
December 15th, 2014
Australia’s dollar fell to the lowest since June 2010 and the nation’s bonds rallied as commodities slumped and people were taken hostage in a cafe in Sydney’s financial district. The Aussie weakened against most of its 16 major peers ...
