Search Results for: euro zone
The Economist: 31 of 34 Currencies Tracked are Undervalued Against the US Dollar
July 14th, 2017
The latest Big Mac index from The Economist indicates that 31 of the 34 currencies tracked are undervalued against the US dollar. Only the Swiss franc, Norwegian krone and Swedish krona are overvalued. Now in its 31st year, the ...
Asian stocks post biggest rise in a month; dollar weak
May 22nd, 2017
Asian stocks posted their biggest daily rise in a month on Monday following modest gains in U.S. shares, though the greenback came under renewed pressure as Washington’s political turmoil undermines confidence in U.S. economic policy. MSCI’s broadest index of ...
Dollar hits eight-week highs vs. yen, kiwi tumbles
May 11th, 2017
The dollar edged lower after notching an eight week high against the yen on Thursday in Asian trade, while the New Zealand dollar tumbled after its central bank suggested a tightening was further out than markets had priced in. ...
Greece is fighting for debt relief
May 4th, 2017
Relief map for Greek debt? Not without a fight or two Easing Greece’s fiscal path forward is likely to be the next great struggle in the country’s agonizing, seven-year, three-package bankruptcy saga now that a bailout pact has opened ...
This Region Of The World Is Being Hit By The Worst Economic Collapse It Has Ever Experienced
March 9th, 2017
The ninth largest economy in the entire world is currently experiencing “its longest and deepest recession in recorded history”, and in a country right next door people are being encouraged to label their trash so that the thousands upon ...
Asia stocks consolidate recent gains; China shines
February 21st, 2017
Asian stocks held ground on Tuesday though Chinese equities surged to a fresh 2-1/2 month high as domestic funds piled into financial counters on expectations the world’s second biggest economy may have turned a corner. MSCI’s broadest index of ...
Dollar hits two-week high vs yen on U.S.-Japan summit relief
February 13th, 2017
The dollar rose to a two-week high versus the yen on Monday, with the market breathing a sigh of relief as the closely watched two-day U.S.-Japan summit held over the weekend was seen to have ended smoothly. U.S. President ...
Non-committal Fed drives down dollar, dampens stocks
February 2nd, 2017
The dollar slipped to a 12-week low on Thursday and stock and bonds markets both showed caution after the U.S. Federal Reserve stuck to its mildly upbeat view of the world but gave no hint on when it will ...
The dollar stepped further away from a 14-year peak against a basket of currencies
January 5th, 2017
The dollar stepped further away from a 14-year peak against a basket of currencies on Thursday, as investors locked in gains from its two-month-old rally after Donald Trump won the U.S. presidential election. The dollar had soared on Trump’s ...
Dollar dips, Nikkei slugged by Toshiba selloff
December 29th, 2016
Asian shares were subdued on Thursday after Wall Street suffered a mild setback after weeks of gains, while a pullback in U.S. yields prompted year-end profit taking in the dollar. Japan’s Nikkei shed 1.3 percent as the yen firmed ...
