Dec 092014
Bank of America Gives Weak Outlook for Trading Revenue
Fixed-income, currency and commodities trading, or FICC, revenue was particularly strong as the lender benefited from an easy comparison with a …
See Original Article
Potential Roadblocks Not Likely to Halt Dollar Ascent
And just in case some investors get skittish on what appears too obvious a bet, Deutsche Bank, the world's second-largest currency trading house after …
See Original Article
Biggest Yuan Discount Since June Shows Traders Outweigh PBOC
In China, currency traders are doing the opposite. Traders pushed the yuan's onshore exchange rate to a five-month low even as the People's Bank of …
See Original Article
Currencies in 2015: How Far Will the Yen and Euro Fall?
The U.S. dollar has gained about 12% on the yen this year, with the USD/JPY currency pair trading above 120 for the first time since July 2007.
See Original Article