Easing and hiccups elsewhere, combined with healthy domestic fundamentals, point to a stronger U.S. currency, analysts say.
BOJ announces minor adjustments as yen rises; big U.S. utilities merger announced; Statoil acquires Petrobas field; Merck beats earnings estimates; Oracle to buy NetSuite.
Rumors spark selloff for Chinese stocks as yen sinks on stimulus chatter; Statoil announces more cutbacks; tech buoyed by Apple earnings and chip merger.
The yen reverses course after finance minister comments; Google, Verizon mull bids for Yahoo!; Cameron to release tax records in Panama scandal.
The yen reaches appreciates against the dollar; China’s currency reserves expand; Venezuela slips deeper into the abyss; oil prices slide.
There are two sides to many of the issues that have emerged this year. One thing is clear, though: It’s not time to jump in just yet.
China is changing to be sure, but the devaluation of the yuan is hardly the beginning of an all-out currency war.
Falling commodity prices hammer BHP Billiton profits; early election called in Singapore.
OPEC projects no near-term increase in oil demand; Spotify expands its war chest as competition with Apple heats up.
By taking a look at respective markets’ purchasing power parity and yields on government bonds, investors can help deduct a given currency’s real value.