currencies

We appear to be on the cusp of a more serious crisis in Argentina, as things are moving from bad to worse. Spot ARS has dropped as much as 20% earlier today, while the implied “blue chip” FX rate has fallen nearly 10% over the past two…

Some of the largest natural resource exporters with floating exchange rates have seen their currencies come under significant pressure over the past year.

Here are seven themes Marc Chandler sees dominating the investment Climate from Fed tapering, to ECB reaction to disinflation to Australian and Canadian Dollars remaining out of favour.

- At the risk of oversimplifying, there seems to be a single overriding driver of the global capital markets in the coming days - The US real sector data, like retail sales, industrial production and housing starts, risk being on the soft…

By The Brown Brothers Harriman Currency Strategy Team We call attention to four recent items in China: First, central bank deputy governor penned an article yesterday saying that China will expand the opening-up of the foreign exchange…

2013 has been a breakout year for Bitcoin, the virtual payment system. I haven’t written anything on it to date but I have been following the market. Here are some ideas on Bitcoin based on what I have seen.

Yen weakness has not generated the expected benefits and import demand has grown considerably

The internationalization of the Chinese yuan has been a major story this year. We have been suspicious that much of what passes for the internationalization yuan has been the "Sino-ificiation of Hong Kong and symbolic measures like…

The scenario I laid out for Europe for 2014 in three posts on the global economy last week is one of muddling through. However, whereas in the US, there are upside risks, in Europe the risks are mostly to the downside, politically and…

An increase in government borrowing to fund medium-term investment is not going to result in out-of-control inflation. But failure of capital investment due to an out-of-control capital account deficit will in the end impoverish Germany.