TOKYO—Japanese Finance Minister Jun Azumi perplexed the markets on Friday with comments that were interpreted by some as revealing rarely disclosed details about currency intervention.
Currency markets were holding steady in tight ranges in European trading Wednesday as participants waited for firm news of a political deal in Greece that would pave the way for a default-saving bailout.
HONG KONG (MarketWatch) — China’s foreign-exchange reserves fell by $20.6 billion in the fourth quarter, according to central bank data released Friday, with analysts saying the result would likely rekindle fears of speculative funds ...
NEW YORK—Global foreign-exchange trading volume dropped for the first time since the financial crisis, according to data released Monday by four major central banks.
HONG KONG (MarketWatch) — After the first fall in China’s foreign reserves in 14 years raised fears of capital flight, this week investors will be watching for a policy response from Beijing.
MUMBAI – The Reserve Bank of India could reverse its recent curbs on currency trading once markets stabilize as they run counter to its capital account management strategy, a top official said Friday, indicating that the central bank is now ...
By Alexandra Fletcher LONDON--Deutsche Bank's foreign-exchange trading systems suffered a brief but full outage during late Asian trading hours Thursday, affecting its price provision in all major currency pairs and gold, people familiar ...
Here is a roundup of news from Indian newspapers, news wires and websites on Monday, January 16, 2012. The Wall Street Journal has not verified these stories and does not vouch for their accuracy.
HONG KONG (MarketWatch) — Big changes could be underway for China’s currency this year, as Beijing moves forward with plans to free up its forex rules and increase the use of the yuan in its trade with the world.
One of Morgan Stanley's top foreign exchange executives, Stephen Mettler, plans to retire from the company, according to an internal memorandum sent to employees.
NEW YORK (MarketWatch) — The euro topped $1.33 Thursday after Greece’s political leaders finally agreed on a package of austerity measures to propose to its creditors in order to avoid defaulting on its debt next month.
An earlier version of this story incorrectly stated the value of 130 billion euros in dollars. The story has been corrected. FRANKFURT (MarketWatch) — Financial markets on Thursday shrugged off yet another failure by Greek politicians to ...
NEW YORK—The euro surged to a two-month high against the dollar on signs that an agreement for emergency funding needed to avert a Greek default was at hand.
ZURICH—The Swiss National Bank said Friday it expects a profit of about 13 billion Swiss francs ($13.8 billion) for 2011, suggesting its capping of the Swiss franc against the euro in September boosted the value of its foreign-currency ...