The yen rose from an almost six- month low after some Bank of Japan officials said they saw risks to the outlook for the economy.
The Canadian Dollar dropped to its lowest level in four months as the price of oil, Canada’s biggest export, fell after Iran and world powers reached an interim deal to set limits on its nuclear program.
The Henningsen Cold Storage Co. warehouse in Stilwell, Oklahoma, was so jammed with frozen turkeys from the likes of Butterball LLC and Cargill Inc. this year that manager Scott Mayberry turned down requests to store about 1 million more birds, or double his inventory.
The euro, the second best-performing major currency this year, has increased so much that it will weigh on economic growth in the euro region going into 2014, according to Nomura Holdings Inc.’s Jens Nordvig.
The pound weakened from a one-month high against the dollar as an industry report showed U.K. mortgage approvals unexpectedly declined in October.
Indonesia’s rupiah dropped to the weakest level since March 2009 after the nation missed its fundraising target at a domestic dollar debt sale amid concern the Federal Reserve will bring forward a plan to cut stimulus.
Yuan forwards traded 0.04 percent off a one-week low amid rising geopolitical tensions after China imposed a new air defense zone around disputed islands with Japan, a move that was rebuffed by the U.S.
The yen slid to the weakest level in almost six months versus the dollar as demand for the safety of the currency waned after an accord was struck to set limits on Iran’s nuclear program.
The $11.7 trillion Treasury market is betting on history not repeating as the Federal Reserve moves closer to reducing its unprecedented stimulus.
The Swiss National Bank (SNBN)’s cap on the franc remains appropriate given the currency’s strength and economic risks in the euro area, President Thomas Jordan said.
The Canadian Dollar dropped to its lowest level in four months as the price of oil, Canada’s biggest export, fell after Iran and world powers reached an interim deal to set limits on its nuclear program.
The Henningsen Cold Storage Co. warehouse in Stilwell, Oklahoma, was so jammed with frozen turkeys from the likes of Butterball LLC and Cargill Inc. this year that manager Scott Mayberry turned down requests to store about 1 million more birds, or double his inventory.
The euro, the second best-performing major currency this year, has increased so much that it will weigh on economic growth in the euro region going into 2014, according to Nomura Holdings Inc.’s Jens Nordvig.
The pound weakened from a one-month high against the dollar as an industry report showed U.K. mortgage approvals unexpectedly declined in October.
Indonesia’s rupiah dropped to the weakest level since March 2009 after the nation missed its fundraising target at a domestic dollar debt sale amid concern the Federal Reserve will bring forward a plan to cut stimulus.
Yuan forwards traded 0.04 percent off a one-week low amid rising geopolitical tensions after China imposed a new air defense zone around disputed islands with Japan, a move that was rebuffed by the U.S.
The yen slid to the weakest level in almost six months versus the dollar as demand for the safety of the currency waned after an accord was struck to set limits on Iran’s nuclear program.
The $11.7 trillion Treasury market is betting on history not repeating as the Federal Reserve moves closer to reducing its unprecedented stimulus.
The Swiss National Bank (SNBN)’s cap on the franc remains appropriate given the currency’s strength and economic risks in the euro area, President Thomas Jordan said.
