IMF to Send Team to Athens April 19 for Talks With Greece

Shared by Henry

More detail now on the IMF team going to Greece, should add some uncertainty to the currency until after the meeting is over, and by then we may see a surge in value.
The International Monetary Fund will send a team to Athens on Apri…

China to Reform Exchange Rate on Own Needs

Shared by Henry

More of the same rhetoric. Recent chinese deficit in their trade balance number means that demand for Chinese goods in China is rising, and that means haveing a stronger Yuan will ultimately benefit China. But just to not appear “w…

Dollar, Yen Fall as U.S. Retail Gain Spurs Demand for Risk

April 14 (Bloomberg) — The dollar and yen fell against most of their major counterparts as a bigger-than-expected increase in U.S. retail sales last month spurred demand for higher-yielding assets.

Singapore’s dollar climbed to the strongest level…


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