OTC Capital Partners » Currency

Geithner urges more currency flexibility

Reuters: Business News — Thu, 12 Jan 2012 20:00:41 +0000

(Reuters) – Treasury Secretary Timothy Geithner said on Thursday that key emerging-market nations must let their currencies rise in value in order permit more stable global growth.

Source >>>

ECB’s Orphanides wants to stop making banks pay for Greece

Reuters: Business News — Fri, 06 Jan 2012 12:50:05 +0000

FRANKFURT (Reuters) – European Central Bank policymaker Athanasios Orphanides called for euro zone leaders to abandon plans to make private sector investors help reduce Greece’s debts – a move likely to get little traction with the currency bloc’s paymaster, Germany.

Source >>>

Analysis: Asia’s double-edged currency sword

Reuters: Business News — Mon, 02 Jan 2012 16:01:57 +0000

SINGAPORE (Reuters) – The roller-coaster ride for Asian currencies, which saw only the yen and yuan post significant gains for the year against the U.S. dollar, is set to continue in 2012.

Source >>>

Crisis talk, austerity calls mark euro anniversary

Reuters: Business News — Mon, 02 Jan 2012 16:01:45 +0000

BERLIN (Reuters) – Policymakers marked the 10th anniversary on Sunday of the introduction of euro notes and coins by urging governments in the currency bloc to save and consolidate to overcome their debt crisis.

Source >>>

Crisis talk, austerity calls mark euro anniversary

Reuters: Business News — Sun, 01 Jan 2012 18:41:46 +0000

Source >>>

China moving to more convertible yuan: Zhou

Reuters: Business News — Sun, 01 Jan 2012 18:40:34 +0000

BEIJING (Reuters) – China’s central bank governor argued in comments published on Saturday that Beijing does not control the yuan’s flow across borders as tightly as some think and that it is natural for the currency’s trading band to be widened over time.

Source >>>

More IMF in euro zone would be act of desperation: ECB’s Stark

Reuters: Business News — Sun, 11 Dec 2011 17:41:28 +0000

BERLIN (Reuters) – Higher involvement by the International Monetary Fund (IMF) in the euro zone’s efforts to stem its debt crisis would be an act of desperation, outgoing European Central Bank chief economist Juergen Stark said, calling for a quantum leap by the currency bloc.

Source >>>

Time of reckoning for the euro zone

Reuters: Business News — Sun, 04 Dec 2011 21:20:29 +0000

WASHINGTON (Reuters) – Failure by European leaders at their summit this week to fix the fatal flaw in the euro zone, its lack of political union, would risk tremendous market upheaval, a rupture of the common currency and global economic fallout.

Source >>>

U.S., UK investors slash euro zone debt: Reuters poll

Reuters: Business News — Wed, 30 Nov 2011 15:00:57 +0000

LONDON (Reuters)- U.S. and British institutional investors walked away from euro zone bonds during November as fears for the future of the currency bloc grew, Reuters asset allocation polls showed on Wednesday.

Source >>>

China says will "strengthen" yuan’s trading flexibility

Reuters: Business News — Sat, 19 Nov 2011 17:50:03 +0000

SHANGHAI (Reuters) – China will make the yuan more flexible in either direction and recent reforms to make the currency more market-oriented have begun to achieve some results, Premier Wen Jiabao said on Saturday.

Source >>>