Foreign Exchange

Good News for the Global EconomyTranslates Into Bad News For Dollar   Improvement in the global economic outlook spells trouble for the dollar, which is losing its allure as a safe haven amid growing concern about ballooning US government debt.   BY ...

Changyou.com is an online game developer and operator based in China that says it is committed to providing high-quality entertainment and virtual communities, and investors clearly want to play along. The company raised $128 million of real money last month ...

The real liquidity crisis in the Middle East, as well as in parts of Asia and Africa, is the shortage of water, according to a report by Standard Chartered Bank. Consumption of fresh water must be strictly limited to the ...

WORRIES ABOUT FUNDING DEFICITS COME TO FORE     Deficit financing has replaced interest rates as the driving force in the currency markets, analysts say. As short-term rates converge toward zero, their influence on currency values is dissipating and the ...

FOREIGN EXCHANGE       The US dollar index, a measure of the value of the dollar against a basket of currencies, rose to a three-year high in March, as investors continued to seek the safe haven of US treasury ...

NEW YORK, November 18, 2008 – Global Finance magazine has named the “Best Foreign Exchange Banks and Providers” by country, region and category in an exclusive survey to be published in the January 2009 issue. Deutsche Bank was named as ...

Foreign Exchange       Weak economic data from the eurozone, heralding further interest rate reductions in Europe, are helping to keep the dollar strong. Meanwhile, Japan’s worsening trade statistics are raising warning signals about the high-flying yen, analysts say. ...

DOLLAR STAYS STRONG, BUT YEN TUMBLES The US dollar index, a measure of the value of the dollar against a basket of currencies, rose to a three-year high in March, as investors continued to seek the safe haven of US ...

CATEGORY SUB-CATEGORY WINNER GLOBAL WINNER Deutsche Bank REGIONAL WINNER North America Citi Latin America Citi Western Europe Deutsche Bank Honorable Mention Western Europe Barclays Capital and UBS Central and Eastern Europe UniCredit Scandinavia SEB Middle East Ahli United Bank Africa ...

FOREIGN EXCHANGE     The dollar rose in early January, as investors weighed the likely effects of president-elect Barack Obama’s economic stimulus plan and as analysts said the United States could be the first major economy to recover from the ...

BEST FX PROVIDERS Global Finance selects the leaders in the world’s biggest financial market.   The foreign exchange market has continued to thrive throughout the global financial crisis, providing some welcome profits for beleaguered financial institutions. Average daily turnover has ...

FOREIGN EXCHANGE     A persistent shortage of dollars in global money markets is helping to bolster the greenback, even as US economic data portray an economy that is mired in recession, currency analysts say. The dollar continues to benefit ...

FOREIGN EXCHANGE     The dollar will resume its remarkable comeback as slumping economies around the world trigger rising credit defaults and usher in a new flight to safety, currency analysts say. “Developments in the credit and equity markets will ...

FOREIGN EXCHANGE       As the financial crisis shook Europe’s banks last month, the European Central Bank joined in a coordinated half-point rate cut with the Federal Reserve, the Bank of England and other central banks, excluding the Bank ...

FOREIGN EXCHANGE       Get ready for some unpleasant surprises on the earnings front as a result of the dollar’s sudden recovery from a record low of $1.60 against the euro in mid-July. By early last month the euro ...

FOREIGN EXCHANGE The dollar made strong and broad gains last month as commodity prices declined and economic data from Europe and Japan came in weaker than expected. Early signs of a global slowdown in real economic activity and falling oil ...

FOREIGN EXCHANGE     Federal Reserve chairman Ben Bernanke gave the dollar a powerful boost last month with his observation that a weak dollar was contributing to imported inflation. Even before Bernanke gave his noteworthy speech at an international monetary ...

FOREIGN EXCHANGE     The dollar rose to a two-month high against the euro last month after the Federal Reserve signaled a pause in its easing cycle, and European economic data came in weaker than expected. While the greenback is ...

FOREIGN EXCHANGE     Following the dollar’s worst quarterly loss against the euro since 2004—a drop of 8.4% in the first three months of this year—currency analysts are watching for signs that the greenback could be ready to make a ...