Currencies
Currencies News
Euro Racing to Record Drop as Draghi QE Purchases Depress Yields
The euro’s slump pushed it toward its biggest ever quarterly decline versus the dollar as European Central Bank purchases of sovereign debt pushed bond yields to record lows across the region.
Yuan Bears Rein in Bets as China’s Leaders Damp Band Speculation
Bets against the yuan are falling out of fashion as Chinese policy makers quell speculation exchange-rate controls will be eased at a time of record trade surpluses.