Currency Fluctuation Questions from Readers Answered

Posted On: October 29, 2010
Globe and Mail: “The ebb and flow between businesses and institutions that need to buy and sell currencies for business needs will cause fluctuations in currencies. Speculators also have a big ... [More]

Category: Media Coverage

Pound rising against euro, dollar, but storms lie ahead

Posted On: October 29, 2010
The British pound rose against the euro on Friday - in fact, it gained against 15 of its 16 most-actively traded peers this week, according to Office for National Statistics. [More]

Category: Industry News

Surging demand taps out Hong Kong's yuan supply

Posted On: October 29, 2010
Surging demand for trade settlements denominated in the Chinese yuan forced the Hong Kong Monetary Authority to turn to its swap arrangement with the People's Bank of China, Bloomberg News reported Friday. [More]

Category: Industry News

U.S. seeking "responsible policy" from China on currency

Posted On: October 28, 2010
U.S. Secretary of State Hillary Clinton weighed in Thursday on the currency debate, saying that, "on currency and trade, the United States seeks responsible policy adjustments that have been clea... [More]

Category: Industry News

As Rousseff nears victory, focus on Brazilian economic future, currency

Posted On: October 28, 2010
It's now all but certain that President Luiz Inacio Lula da Silva's handpicked successor, Dilma Rousseff, will take victory in the Brazilian run-off election this weekend. [More]

Category: Industry News

Global currencies arena now "every man for himself"

Posted On: October 28, 2010
A meeting of the G-20 group of nations this past weekend failed to generate a consensus that could ease the tensions between nations struggling to keep their currencies competitive. [More]

Category: Industry News

Emerging markets struggle with currency appreciation

Posted On: October 26, 2010
As the globe's major, established economies quarrel over falling currencies and trade policy, emerging-market economies like Brazil and India are struggling with collateral damage. [More]

Category: Industry News

Rising Australian dollar pressures some, boosts others

Posted On: October 25, 2010
The Australian dollar has gained value throughout the third quarter - and on Monday, it reached "parity" with the U.S. dollar, illustrating some of the opportunities and some of the challenges of the globe's shifting exchange rates. [More]

Category: Industry News

Dollar Moderates Losses; Pre-G-20 Safety Sought

Posted On: October 22, 2010
"As we've seen in G-20s past, there's always a lot of hype leading up to it, and rarely any result," said Brendan McGrath, senior trader at Custom House, A Western Union Company.   Brendan McGr... [More]

Category: Media Coverage

U.S., Swiss bankers foil Japan's attempts to hold down yen

Posted On: October 22, 2010
The Bank of Japan has been attempting to hold down the value of its currency as the dollar falls. [More]

Category: Industry News