currencies

BBH CurrencyView US dollar continues to weaken ahead of tomorrow's ECB and BoE meeting UK manufacturing much weaker than expected; Swiss CPI exceeds estimates Euro remains resilient ahead of ECB meeting; Portugal raises…

By Marc Chandler Overseas investors have stepped up their purchases of Indian equities in recent days and have reversed the earlier outflows to be net purchases here in 2011. Between last Thursday, March 31, Friday April 1 and yesterday…

If there is a single factor that was the main driver of US dollar in the first quarter, it would be the divergence between the trajectory of US and European monetary policy. The Federal Reserve is still engaged in easing monetary policy…

By Win Thin With BRL breaking below 1.65 and KRW below 1100, it is tempting to suggest that EM policy-makers are becoming more willing to accept currency strength to help limit inflation. We’ve heard this many times before, almost every…

The results of the Irish stress tests are going to be released this afternoon at 430PM Irish time. I will be talking about the implications for investors in European markets on CNBC's Power Lunch show. I think one has to be cautious…

BBH CurrencyView US dollar is mixed; ADP report likely supportive of USD against JPY and CHF Swiss KoF leading Indicator reaches four and a half year highs Euro softer on the day but remains resilient in the face of…

By Win Thin Brazil loan growth continues to pick up and it belies the notion that macroprudential measures are having any discernible effect on the economy. Total loans rose 1.4% m/m in February vs. 0.5% m/m in January, bringing the y/y…

By Win Thin S&P cut Portugal one notch from BBB to BBB-, and comes just five days after it cut the rating from A- to BBB. Did things really materially change over the past five days? It’s time for a reminder of what the agencies are…

ECB President Trichet remained hawkish in comments today, noting that inflation is persistently above the target of just below 2%. Yet ECB monetary policy is not base don one pillar but two. The other pillar is money supply. Money supply…

After more than a year since the European debt crisis began, officials have still failed to resolve it. They raised expectations for a “grand bargain” only to crash them on the shoals of political reality. The March 24-25 Summit was to…