The Bank of Japan has called for the Japanese government to step up on its reform campaign. Nizam Idris, Head of Fixed Income & Currency Strategy at Macquarie, discusses how this will move the dollar-yen trade.
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CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude oil prices were under pressure; traders are eying tomorrow's Department of Energy report; natural gas got a small bump up, closing at $4.74, and traders are looking for a catalyst to get back on the long side...
Jonathan Cavenagh, Senior FX Strategist, Asia at Westpac Institutional Bank, says the widening of the yuan's trading band may create a short squeeze in the dollar-yuan trade.
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CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude seems to be setting up into a bearish pattern. And it was a down day for gold, ending its worst year in more than 30 years.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
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The euro nursed heavy losses early in Asia on Friday, having suffered its biggest one-day drop in over six months after a shock slowdown in inflation.
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Antje Praefcke, senior FX strategist and director at Commerzbank, says the U.S. dollar will remain under pressure ahead of the U.S. Federal Reserves FOMC meeting.
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Nick Bennenbroek, Wells Fargo, and Kevin Kerr, Kerr Trading International, provide perspective on what's weighing on crude prices and how investors should position themselves against the U.S. dollar.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
more...
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
more...
Emerging market central banks spending billions of dollars to defend their currencies risk depleting their reserves without much success as a deepening global financial crisis sends investors towards safe havens.
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The leaders of six members of the G20 group of world economic powers issued a joint open letter to the French president Nicolas Sarkozy on Thursday, calling for decisive action to be taken over the eurozone debt crisis.
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