The One Latin America Winner From U.S. Economic Boom: Currencies
In what has actually been a tumultuous 2014 for Latin American currencies, it is the quetzal that has actually stood out as the lone bright spot. That'' s right, the quetzal– Guatemala'' s currency. As the Argentine peso sank 24 percent and the Brazilian genuine dropped 12 …
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Euro trades near 2-year low on Greek election fear
NEW YORK (MarketWatch)– The dollar made headway on the euro and the yen Monday, with the European single currency trading near a two-year low as Greece gets ready for snap elections on a tide of voter animosity versus the regards to the nation'' s …
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Will 2015 see a currency war?
Alarmed that the collapse of the Russian ruble– and other currencies– could drive up the Swiss franc, the Swiss National Bank took the extraordinary step of slapping a negative rate of interest of 0.25 % a year on deposits. To clarify: This isn'' t an
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Might Russia back its currency with gold?
Russia has actually been aggressively buying the product recently and has actually formed closer currency ties with surrounding China at the same time. Russia'' s gold holdings increased to 38.2 million ounces as of December 1, according to a statement by the main …
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