Currency

Yen suffers losses after Treasury official comment Fallback Image Decorative pattern

Economic Indicators

Yen suffers losses after Treasury official comment

The Japanese currency got hammered on Monday after the latest round of selloff caused it to tumble against the dollar and euro. The yen’s losses snowballed after the U.S. Treasury reconfirmed its support for monetary stimulus in Japan, which markets took as a cue for abandoning the yen, reports FT. Japan’s perusing a policy of […]

By Staff |February 12, 2013

1 min read

Claims of global currency war are unfounded Fallback Image Decorative pattern

Economic Indicators

Claims of global currency war are unfounded

There are fears that the issue of currency wars may get undue attention at this week’s Group of 20 leading nations meeting in Moscow. Philipp Hildebrand, former chairman of the Swiss National Bank, urges participants in an opinion piece in FT.com to refrain from fanning the currency debate. He argues there is no such thing […]

By Staff |February 12, 2013

1 min read

Follow growth beyond borders Fallback Image Decorative pattern

Economic Indicators

Follow growth beyond borders

It may be time for clients to look beyond North American borders.

By Vikram Barhat |January 22, 2013

3 min read

Swiss franc tumbles on profit booking Fallback Image Decorative pattern

Economic Indicators

Swiss franc tumbles on profit booking

A wave of sell-off hammered the Swiss franc, which tumbled to its lowest in 20 months. A result of currency traders moving quickly to capitalize on improved sentiment in Europe, the franc’s fall has led many to believe the Swiss National Bank could unload some of its large cache of foreign currency to book profit […]

By Staff |January 18, 2013

1 min read