Search Results for: US Dollar
It’s Not Just Deutsche Bank. The Entire Financial Sector Is Sick
October 3rd, 2016
These are great times for financial assets — and by implication for finance companies that make and sell them, right? Alas, no. Just the opposite. Each part of the FIRE (finance, insurance, real estate) economy is imploding as “modern” ...
FOREX-Yen, Swiss franc near 1-month high vs dollar as risk sentiment sours
September 30th, 2016
Yen on course to post 3 straight quarters of gains Swiss franc hits one-mth peak vs dollar, 6-week high on euro Concerns about Deutsche Bank sour risk sentiment Sterling in longest losing quarterly streak since 1984 The Japanese yen ...
Asian Stocks Slide as Deutsche Bank Jitters Boost Dollar, Gold
September 30th, 2016
Deutsche Bank sank to record low in U.S., hitting financials Gold advances with sovereign bonds as haven assets favored What’s set to be the best quarter for Asian stocks since 2012 is ending on a sour note as concern about ...
U.S. dollar edges higher as traders await clarity on Fed rate hike path
September 29th, 2016
Dollar rises slightly vs euro, yen Traders await more U.S. data for clues on Fed rate hike path Reduced European banking concerns cap euro losses The dollar edged higher against the yen and euro on Wednesday, but gains were ...
Aussie near 3-week highs, kiwi steady after OPEC deal
September 29th, 2016
The Australian slid lower against its U.S. counterpart on Thursday, after hitting a three-week high earlier in the session, while the New Zealand dollar held steady following news an production cap deal was struck by major oil producers. AUD/USD fell ...
Dollar edges up from one-month low v.s. yen; euro nurses losses
September 28th, 2016
The dollar rose versus the yen on Wednesday, while the euro nursed its losses after retreating on concerns over the health of the European financial system. The dollar JPY= rose 0.2 percent to 100.69 yen, regaining some footing after ...
The root cause of monetary confusion
September 23rd, 2016
Arguments about sound and unsound money often degenerate into a them-and-us dispute, with the supporters of unsound money casting sound money proponents as impractical out-of-date libertarian weirdos. Supporting one side or the other as if they were opposing football ...
Lawyers must rebuild trust – Christine Lagarde
September 22nd, 2016
Lawyers have a key role to play in rebuilding public trust in institutions, the head of one of the globe’s most important bodies told thousands of lawyers gathered for the IBA’s annual conference. Christine Lagarde, managing director of the ...
Japan Stocks Surge as BOJ Stimulus Tweaks Weaken Yen; Oil Jumps
September 21st, 2016
Dollar gains versus most peers ahead of Fed policy decision European, U.S. equity index futures advance; nickel falls Japanese stocks rallied, leading gains in Asia, as tweaks to the Bank of Japan’s monetary policy weakened the yen and lifted ...
CFTC charges company and individual for Illegal Off-Exchange Precious Metals Transactions
September 21st, 2016
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil injunctive enforcement action in the U.S. District Court for the Southern District of Florida against Florida-based Defendants KB Concepts Group, LLC d/b/a Apex Asset Advisors, LLC (Apex) and Kelvin Burgos, Apex’s president, ...
