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UPDATE 2-America Movil 1st-qtr profit dives on currency swings (Adds details on company's performance). MEXICO CITY, April 24 (Reuters) - America Movil said on Tuesday its net profit fell nearly 50 percent in the first quarter due to currency swings, but there were signs Latin America's largest wireless carrier was already reaping the rewards of an important ...
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Draghi Needs to Put the Euro in Its Place Currency stability helps its cause as it manages the delicate balancing act of bringing its QE stimulus packages to a close sometime this year. The Governing Council's coordinated message – that ending bond purchases doesn't need to be rushed – has helped take the wind out of the euro's sails.
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