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FOREX-Dollar stung by Mnuchin comments, euro awaits ECB's currency views "Last week the dollar was under pressure on expectations towards the European Central Bank and Bank of Japan normalising monetary policy, but the bear trend has entered an entirely new phase after Mnuchin's comments," said Yukio Ishizuki, senior currency strategist at Daiwa Securities in Tokyo.
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'The euro will cease to exist!' Italian election frontrunner vows to destroy EU currency ITALIAN election frontrunner Matteo Salvini vowed to challenge the European Union and to abandon the shared currency if the EU refuses to compromise. By Alessandra Scotto di Santolo. PUBLISHED: 10:27, Thu, Jan 25, 2018 | UPDATED: 10:27, Thu, Jan 25, 2018 ...
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Forget oil, 'human capital is the new currency' for Saudi Arabia Reema bint Bandar Al Saud said: "Please just don't look at us as oil… Human capital is the new currency and I really would encourage you to look at us that way." While the shifting social dynamics would be "necessary" to improve the Saudi economy, it was also the "right thing to do" she said.
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FY18 constant currency growth will be north of 12%: KPIT Tech Margin improvement was the key. In an interview with CNBC-TV18, Kishor Patil, Co-Founder, CEO & MD of the company discussed Q3 earnings. Patil said that the automotive sector is doing well. Speaking of constant currency, he said for FY18 constant currency growth will be north of 12 percent.
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Smooth-talking Draghi hopes to fend off currency war A pricier euro could slow the ECB's quest to complete its mission, although some analysts argue there is little it can do to brake the currency's rise. Following Mnuchin's comments, "Draghi is likely to adopt a damage limitation mode" and tear up any plans he had to hint at winding down support, ING Diba ...
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Stable China Economy and reserve currency goal + Weak US dollar policy = China economy ... "China's intention to … keep the currency stable, with the objective of enhancing its role as a global reserve currency during the 2018 World Economic Forum, may lead to more yuan gains", said Christy Tan, head of markets strategy and research for Asia at National Australia Bank. Separately ...
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Qatar accuses Saudi Arabia, UAE of weakening currency In December 2017, Qatar Central Bank Governor Abdullah bin Saoud al-Thani accused Saudi Arabia and its allies of trying to manipulate national currency, securities and other derivatives for a coordinated strategy to harm the Qatari economy. He added that Qatar Central Bank has hired a number of ...
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Currency Management Credit Suisse Asset Management has been managing active and passive currency overlay and risk management solutions for institutional investors since 2002. Today we manage close to USD 27bn1 in tailored currency overlay and share-class hedging programs using specialised currency risk ...
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