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Currency markets

Adviser hails 'Abenomics,' says dollar can rise
The expert behind the monetary policies of Japan's new prime minister welcomed the recovering stock market and favorable exchange rate as signs of ...
Asia stocks rise as US, China economies improve
Asian stock markets rose Friday after signs that the U.S. economic recovery is gaining traction and a rebound in China's growth emboldened investors ...
Asia stocks rise on signs of improving US economy
Asian stock markets rose Thursday after a Federal Reserve survey found the U.S. economy improved in 2012 and earnings from a handful of big banks far ...
Fitch cautiously optimistic over euro debt crisis
The worst of Europe's debt crisis is probably over and the odds are that no country will drop out of the euro. That, at least, is the view that the ...
As yen weakens, BOJ gov says easing to persist
The governor of Japan's central bank says it will persist in easing monetary conditions as it tries to pull the country out of a deflationary slump.
Asia stocks gain on Bernanke comments, weaker yen
Asian stocks posted modest gains Tuesday after Fed chief Ben Bernanke said the central bank's bond buying is providing crucial support for the U.S.
Asia stocks higher on China recovery optimism
Asian stock markets rose Monday on optimism that China's economic recovery is firmly taking root. Many analysts expect China's fourth quarter and 2012 ...
Japan's Nikkei jumps on Abe's stimulus package
Japan's Nikkei stock index jumped Friday after Prime Minister Shinzo Abe announced a massive spending package intended to breathe life into the ...
Bank of Korea trims growth outlook, holds key rate
South Korea's central bank cut its forecast for the country's economic growth this year due to slower corporate investment and uncertainties about the ...
Beset by risks, Japan seeks boost from stimulus
A 20 trillion yen ($224 billion) stimulus package announced Friday by Japan's newly installed prime minister Shinzo Abe will likely give the ...
Asia stocks rise on positive start to US earnings
A positive start to U.S. corporate earnings season and a sharp improvement in China's monthly trade helped boost Asian stock markets Thursday.
Argentine currency controls have ripple effect
Maxi Gonzalez and his family settled into a dinner of sirloin strip steaks and salads at the Maya Tapas and Grill along Miami Beach's famed Lincoln ...
Asia stocks rise as Alcoa sees stronger demand
Asian stock markets rose Wednesday after the fourth-quarter earnings season got off to a positive start in the U.S. with aluminum giant Alcoa ...
Asia stocks down ahead of US corporate earnings
Asian stock markets headed lower Tuesday as investors turned cautious before U.S. earnings season kicks off this week. Investors will get a feel for ...
Stock markets cool off following gains last week
Global stock markets drifted lower on Monday as some investors sought to lock in profits from last week's strong gains. Major indexes surged last week ...
Egypt shakes up Cabinet, appoints 10 new ministers
Egypt swore in 10 new ministers on Sunday in a Cabinet shake-up aimed at improving the government's handling of the country's ailing economy ahead of ...
Japan's Nikkei soars on 1st trade day of the year
Japan's benchmark stock index soared on its first trading day of the new year Friday, as investors reacted to a weakening yen and Washington's ...
Asian stocks rise on momentum from US budget deal
Asian stock markets rose again Thursday on a second day of momentum following an agreement preventing the U.S. from going off the so-called fiscal ...
Egypt's pound slips further against dollar
The Egyptian pound slipped further against the dollar on Monday, a downward plunge on the first two days of trading under a new system, as the ...
Markets calm despite looming fiscal cliff
Markets appeared Monday to take in stride the ongoing failure of U.S. politicians to agree to a budget deal in time to avoid automatic tax increases ...
Egypt's currency falls to a new low
The Egyptian pound fell to a record low against the dollar Sunday as the central bank stepped into the market to try to stabilize trading and stop an ...
Stocks lower ahead of US 'fiscal cliff' talks
European and U.S. shares traded lower on Friday on waning hopes that U.S. President Barack Obama and key lawmakers would manage to reach an 11th-hour ...