Lately, the buck has been the biggest bugaboo of U.S. corporations. Many U.S. companies have blamed the strong dollar for eating into earnings — so consistently, in fact, that some have likened CEO’s griping about exchange rates to the ub... Read More
More Americans are taking the leap to buy that overseas pied-a-terre they've been thinking about. "The U.S. dollar is still strong and the economy is good and the rest of the world is a little softer," said Jason Kumpf, a real estate sp... Read More
The dollar climbed in a broad rally Monday on renewed optimism among investors that the Federal Reserve would stay on track to raise interest rates this year. The greenback’s resurgence chalked up big losses against many rivals, with the euro h... Read More
Taking a do-it-yourself approach to foreign exchange investing resembles a stab at handling your own plumbing: You may be able to do it, and perhaps do it well. But that doesn’t mean you should, especially when the chances of springing a leak,... Read More
As many as 3 million baby boomers in the U.S. plan to retire abroad, according to trade publication the Travel Market Report. With relocation, however, come other complications, such as navigating currency markets. Hidden foreign-exchange fees are t... Read More
Determining the value of a college degree requires some new math: currency conversion. The appeal of not just studying abroad, but getting a degree abroad, seems particularly attractive amid rising U.S. college costs. The average cost to attend a pri... Read More
The dollar reached a seven-year high against the yen as minutes from the Federal Reserve’s latest policy meeting show the U.S. moving toward higher interest rates while Japan pursues further economic stimulus. The Bloomberg Dollar Spot Index, w... Read More
The Canadian dollar strengthened a cent against its U.S. counterpart on Friday, buoyed by stronger oil prices and data that showed domestic factory sales rose more than expected in September. Canadian manufacturing sales, which rose 2.1 percent, help... Read More
The dollar rose for a third straight week after the European Central Bank joined the Bank of Japan in firming its commitment to monetary stimulus even as the Federal Reserve prepares to move toward higher interest rates. The U.S. currency pared gains... Read More
The dollar dropped the most in three weeks after employment rose less than forecast in October amid a Federal Reserve debate on when to increase interest rates from a record low. The Bloomberg Dollar Spot Index trimmed a third week of gains as Fed Ch... Read More
The dollar gained the most in almost four weeks after Federal Reserve officials confirmed they will end their bond-purchase program amid improved labor-market conditions. Traders pushed up odds for an interest-rate cut next year even as the Fed maint... Read More
The Intercontinental Exchange’s U.S. Dollar Index has been the most commonly cited benchmark of the dollar’s strength since it was adopted in 1973. But as the major players in the global currency trade shift, some wonder if the index migh... Read More
TORONTO, Oct 17 (Reuters) - The Canadian dollar weakened modestly against the greenback on Friday, consolidating as world markets ended the week on a calmer note after days of being rocked by worries about the health of the global economy. The looni... Read More
The dollar recovered against the yen and euro, but remained lower against most other rivals in relatively muted afternoon for currency traders on Thursday. Investors weren’t eager to place directional bets (i.e. that the greenback would move hi... Read More
The dollar fell from almost a four-year high after minutes from the Federal Reserve’s last meeting showed officials are concerned that the global slowdown and a stronger currency pose risks to the U.S. economic outlook. The greenback weakened f... Read More
Wall Street gains broadened overnight after minutes from the latest US Federal Reserve meeting showed policy makers' concern sluggish economies overseas and an appreciation of the greenback will weigh on US growth, suggesting the central bank mig... Read More
The dollar dropped from near its strongest level in four years after the minutes of U.S. Federal Reserve’s most recent gathering indicated that most policy makers are worried that a stronger currency and declining global economy may hurt U.S. e... Read More
The dollar fell from almost a four-year high after minutes from the Federal Reserve’s last meeting showed officials are concerned that the global slowdown and a stronger currency pose risks to the U.S. economic outlook. The greenback weakened f... Read More
Whether paying the expenses of a satellite office in Europe or purchasing goods in Asia for sale in Nebraska, currency volatility impacts the bottom line. Not a believer? Check the news. Business page headlines have been replete with stories of compa... Read More
Buyers who are looking to purchase property in a country where they aren’t currently citizens or legal residents will almost certainly have to move funds into that country — and will have to pay a host of fees to transfer their money. Are... Read More
Fed Chief Yellen Vows Vigilance on Low Inflation The dollar held steady against major currencies Wednesday after Federal Reserve Chairwoman Janet Yellen indicated in a speech that the central bank has no plans to raise interest rates ahead of schedu... Read More
The dollar fell to the weakest level in more than five months versus a basket of peers after several Federal Reserve policy makers said projections for an interest-rate rise were overstated in minutes from its last meeting. Turkey’s lira slid v... Read More
Federal Reserve officials held an unusual videoconference last month to debate scrapping the 6.5 per cent unemployment rate threshold for the first interest rate rises, paving the way for the big shift in forward guidance that took place in March. Mi... Read More
The euro fell to a three-week low against the pound on speculation the European Central Bank will ease monetary policy while above-target U.K. retail sales data added to bets the Bank of England will increase interest rates. New Zealand’s dolla... Read More
From: http://www.mainstreet.com/article/money/investing/chinas-yuan-aims-befriend-global-markets?page=1 NEW YORK (MainStreet) — On the heels of a softening economy, China took action to loosen control of its yuan currency, giving markets a grea... Read More
From Fox Business News As baby boomers continue to redefine retirement, many are looking to settle abroad to launch the next chapter in their life. Whether you are seeking a warmer climate, better tax advantages or more adventure, financial planners ... Read More
From the International Business Times U.S. stocks tumbled on Wednesday, with the Dow dropping as much as 174 points in early trading, as investors continued to weigh fears in emerging markets and await a decision from the Federal Reserve on whether t... Read More
From: Business Week The dollar remained higher after the minutes of the Federal Reserve’s last meeting showed officials saw diminishing economic benefits from its bond-buying program and expressed concern about risks to financial stability. The... Read More
USForex added Danielle Claudat as in-house corporate counsel, and Tim Richey as risk and compliance manager. Claudat was previously an associate in the compliance and anti-money-laundering group at Wells Fargo Bank. Richey was the senior vice preside... Read More
Demand for electronic FX trading is escalating in response to the global economy and new technology, such as mobile computing, that’s rapidly transforming the once-manual market. “The world has gotten smaller due to tech, and a lot more a... Read More
Jim Vrondas How important is currency hedging? It is critical - exactly how it affects a business does depend on whether you're an importer or an exporter. In the global financial crisis, when the Aussie dollar lost about 40 per cent within five mont... Read More