BUENOS AIRES (Dow Jones)--Argentina's government won't tap the central bank's foreign exchange reserves to pay off some $7.5 billion in debts owed to ...See all stories on this topic »
Argentina Minister: Won't Use Forex Reserves To Pay Paris Club Debt
Source: online.wsj.com
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Investing in Palladium
Palladium Demand Up 40% in Two Years I relish in the rare and undiscovered. Unsung musicians, obscure texts, the cryptic myths of...
Dollar continues to weaken across the board
The Dollar is continuing to weaken across the board as markets dismiss the idea of early US rate hikes and get back to doing what they like best which is sell Dollars. Eur/Usd has moved past offers at 1.4070 with ease and is now closing in on 1.4100. Cable is in the same boat with the move above...
Estonian PM: Does not expect devaluation in Latvia
The Estonian Prime Minister Andrus Ansip is in upbeat mood. He does not expect his Baltic neighbour Latvia to have to devalue the lat and sees signs the situation there is improving. He believes Latvia will continue to cut expenditures. Even if there were a Latvian devaluation, Ansip...
Quiet start to interbank Monday
The disturbances in Iran have some traders talking of a possible risk-aversion play this morning but the USD is only slightly firmer, 1.40 against the EUR versus a 1.4020 close on Friday night, and EUR/JPY is only slightly lower, 137.70 versus a 137.90 close. All in all, the early interbank session...
Does Forex evolve towards efficiency?
During the past 10 years, liquidity in the FX markets is known to have been growing. One might expect that various non-commercial participants, including those with capabilities to research, fund and execute systematic and algorithmic trading strategies, exhaust the alpha-generating potential of...