Currency Markets in the News
G7 Meeting on Friday
October 9, 2008
Finance ministers and central bank leaders from the United States, Japan, Germany, France, Britain, Italy and Canada, plus representatives from the EU, have their third and final scheduled meeting tomorrow in Washington. This group coordinates currency market and other economic policies of shared interest. These meetings provide a useful clearing house for information about economic […] More
New Overnight Developments Abroad - Daily Update
New Overnight Developments Abroad: Further Central Bank Initiatives
October 9, 2008
Markets on Thursday have reversed many trends from Wednesday, but nervousness remains very high. Sovereign bond yields rose 7-11 basis points in Japan, Europe and North America. The yield on JGB’s rebounded to 1.485%. The dollar advanced 0.9% against the yen and is back above 100. The dollar also fell 4.5% against the Australian dollar […] More
