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BBH: US Has Not Launched 'Currency War' The U.S. did not abandon the "strong-dollar policy" or begin a currency war, says Brown Brothers Harriman. Treasury Secretary U.S. Treasury Secretary Mnuchin initially roiled markets last week when he suggested a soft dollar was good for the U.S., although the administration quickly said it still favors a ...
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Forexlive Americas FX wrap: USD strongest currency of the day. Surprise. Surprise. The USD is ending the NY session and the day as the strongest currency of the day. This runs in contrast to the recent trends where the dollar has been sold. Higher interest rates and increased expectations that the Federal Reserve will signal more tightening in 2018 (above the 3 expected), helped to ...
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Japan currency chief says FX competition should be avoided in line with G7 agreement Asakawa is part of the MOF, and they had a meeting with the BOJ and FSA officials just about half an hour ago. Seems like it was a short meeting - but somehow they discussed quite a number of issues. They are clearly unsettled by the recent strength in the yen (particularly against the dollar), but it ...
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BOJ not to mint digital currency soon Cash is still king in Japan, and that means that the central bank does not see a need to mint a digital currency for now, Bank of Japan (BOJ) FinTech Center head Yuko Kawai said. "We aren't at the stage of considering issuing a digital currency because there is no demand," Kawai said in an interview ...
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