Currencies
Currencies News
Yen Weakens Before Kuroda; Aussie Steady Ahead of China Data
The yen weakened, trimming a weekly gain against most of its 16 major peers, as investors awaited clues on the Bank of Japan’s next move when Governor Haruhiko Kuroda speaks today.
Carry Trade Nirvana Stymies Central Banks as Aussie, Kiwi Surge
Policy makers in Australia, New Zealand and Japan face the threat that the $5.3 trillion a day global foreign exchange market will derail their efforts to deliver sustainable economic growth.