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Our goal is to help investors identify and perhaps utilize emerging market currency ETFs. As emerging economies have developed and become significant players on the global stage, their currencies have gained more recognition. Many have been featured in so-called "carry trades" whereby investors in low yielding currencies play the higher yield spread in these currencies. This activity has waxed ...
Times wires Wednesday, December 28, 2011 An informer in a state fraud case against Bank of New York Mellon Corp. offered prosecutors an inside look at how the bank allegedly scrambled to contain a government investigation into whether the bank overcharged Florida's state and local pension funds, among others, to execute currency trades. The allegations center on claims the bank enriched itself ...
The euro traded at almost its lowest level since January against the dollar as concern lingered that Europe’s debt crisis will slow regional economic growth.
Local currency trades quietly in narrow range. 28 Dec 2011 12:34 PM
The euro traded 0.4 percent from an 11-month low before Spain sells securities and the release of a German report forecast to show deteriorating business confidence in Europe’s largest economy.
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