Credit Suisse Group AG cut its forecast for the euro, saying the Greek debt crisis has dented the 16-nation currency’s credibility as a safe alternative to the dollar for many investors.
Bank of Japan Governor Masaaki Shirakawa ’s success in weakening the yen may hinge on Ben S. Bernanke .
From coal to iron ore, soaring commodity prices are paving the way for the Australian dollar to rebound from its worst first quarter in five years.
The yen may slide another 18 percent as the Bank of Japan’s efforts to expand the money supply spur domestic investors to shift assets overseas, according to Credit Suisse Group AG.
The Swiss franc strengthened to a record versus the euro as falling stocks and concern the global economy may weaken stoked demand for the currency as a haven.
At least three trading patterns show Thailand’s baht, this year’s best-performing Asian currency, is poised to fall as policy makers step up warnings that its rally to a 16-year high is stretched.
Global investment banks are recommending buying Indian assets on optimism a leadership change at the central bank will be followed by a new government that businesses favor next year.
The yen rose against most of its major counterparts, approaching a 15-year high versus the dollar, as signs the global economic recovery is faltering boosted its appeal as a haven.
Australia’s dollar will extend declines that have made it the worst-performing major currency over the past three months, according to Credit Suisse Group AG, TD Securities Inc. and Bank of America Merrill Lynch.
"As repayment and hedging of the debt progresses, that source of pressure on the currency to weaken will eventually exhaust itself."
- Ray Farris on Jan 13, 2015
Gijsels on European Debt Crisis, Farris on Euro