Nov. 29 2010 | Callum Henderson, global head of FX research at Standard Chartered, recommends going overweight on the Korean won. He explains his bullish outlook for this currency, with CNBC's Oriel Morrison.
Tuesday, November 30, 2010
Monday, November 29, 2010
Euro Heading Lower vs Dollar?
Nov. 29 2010 | The euro is coming down against the dollar "based on the fact that the economy in the states is much stronger than in Europe," Charles Nenner, founder and president of Charles Nenner Research, told
CNBC Monday.
CNBC Monday.
Friday, November 26, 2010
Russia and China to give up on The Dollar in their Trade
China and Russia have decided to abandon the dollar and to use their own currencies in bilateral trade. This was reported by the Drudge Report website, quoting the China Daily. Chinese experts say the decision reflects the increasingly 'close relations between Beijing and Moscow does not aim to challenge the dollar but to protect the Russian and Chinese economies. The financial crisis has prompted Beijing and Moscow to choose an alternative currencies to their trade.
U.S. dollar below 1.33 against the Euro
Slight recovery in the dollar this morning on the opening of the European market. The dollar was traded at 1.3268 against the euro, a slight recovery from yesterday's 1.3321.
Thursday, November 25, 2010
Betting on the Won
Nov. 24 2010 | The sell-off in the Korean won provides opportunities for traders to enter into long-term won positions, says Olivier Desbarres, director of FX strategy at Credit Suisse. He makes his case for the won, with CNBC's Oriel Morrison.
Euro -- A Flawed Currency?
Nov. 25 2010 | The euro is flawed currency and Puru Saxena, chief executive at Puru Saxena Wealth Management, is doubtful the currency can survive over the next decade. He explains his bearish views to CNBC's Anna Edwards, Lisa Oake & Yousef Gamal El-Din.
Tuesday, November 23, 2010
Rothschild Says Its Wrong to Wish for Euro Failure
Financier Evelyn de Rothschild talks about the outlook for Ireland's banking industry and the spread of the European sovereign debt crisis. He speaks with Bloomberg's Mark Barton during the Bloomberg Businessweek European Leadership Forum in London.
Monday, November 22, 2010
Sunday, November 21, 2010
Currency Wars & China
Nov. 19 2010 | Fed chief Bernanke scolding China and others in his Frankfurt speech saying currency manipulation is hurting the global recovery, with Jim Rickards, Omnis; Ian Bremmer, Eurasia Group; and Nouriel Roubini, Roubini Global Economics.
Friday, November 19, 2010
Korea Won Enclosed in 1,100-1,150 Range
Nov. 18 2010 | South Korea's move to reimpose taxes on foreign purchases of government bonds didn't have a large impact on markets, says Thio Chin Loo, senior currency strategist, BNP Paribas. She explains why and shares her outlook for the won, with CNBC's Bernard Lo.
Euro to See Further Rise against Dollar
Nov. 19 2010 | “From a long-term perspective, we’ve seen a very strong setback of the euro against the dollar,” Royce Tostrams, technical analyst at Tostrams Groep told CNBC. The upward trend was still intact however, he said, adding he was still positive about the evolution of the euro against the dollar.
Wednesday, November 17, 2010
Currencies in Focus
Nov. 17 2010 | Maurice Pomery, managing director of Strategic Alpha limited joined CNBC to talk currencies as the euro continues to be pressured by fears over Ireland's finances.
Dollar-Yen Could Test 86 Level
Nov. 17 2010 | The yen could head up to 86 against the US dollar in the next few weeks, as we approach the year-end, believes Harry Ida, senior analyst, Thomson Reuters. He shares his currency outlook, with CNBC's Steve Sedgwick and Chloe Cho.
Monday, November 15, 2010
Ashraf Laidi, Potential Irish Budget Cuts Would Help Euro
Nov. 10 (Bloomberg) -- Ashraf Laidi, chief market strategist at CMC Markets, talks about the outlook for Ireland's debt. Irish 10-year bonds tumbled for a 12th day, leading a rout in debt from Portugal to Greece, as LCH Clearnet Ltd. demanded its clients place a larger deposit when trading the nation's securities after yields soared. Laidi talks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)
Saturday, November 13, 2010
Low currencies may trigger wave of protectionism
Russia's Finance Minister Aleksey Kudrin says Russia is almost immune from other countries' financial policies, and as a result, has more flexibility at global summits. He also warned that if some nations continue to weaken their currencies, it could force others to respond, leading to a surge of protectionism.
Friday, November 12, 2010
Currency wars, global imbalances cloud G20 summit
As currency wars and global imbalances cloud the Group of 20 (G20) summit, there are low expectations of any decision on currency values. CNBC-TV18's Siddharth Zarabi reports all updates from Seoul.
Monday, November 8, 2010
Euro Could Rally to $1.52: Charts
Nov. 5 2010 | The euro could be set to rally to its high of last year against the dollar of $1.52, Royce Tostrams, technical analyst at Tostrams Groep, told CNBC Friday
Tuesday, November 2, 2010
Forex Markets Close-Up
Nov. 2 2010 | Geoff Kendrick, European Head of FX Strategy at Nomura discussed the foreign exchange markets with CNBC on Tuesday.
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