Stephen Gallo News
-
The Canadian dollar touched the highest in a month versus its U.S. peer as oil, the nation’s largest export, advanced and investors bet stronger economic data may convince the Bank of Canada to raise interest rates.
-
David Porcelli joined BMO Capital Markets as co-head of U.S. equity products, leaving Barclays Capital, according to Vlaad and Co., a Toronto-based financial services recruiting firm.
-
The euro fell to a six-week low against the dollar after reports showed the region’s economy shrank more last quarter than analysts forecast and German growth cooled.
-
Stephen Gallo, ranked the most- accurate currency forecaster in a Bloomberg-compiled review in June 2011, has joined Bank of Montreal as European head of currency strategy in London.
-
The euro gained for a second day versus the dollar and the yen amid speculation Spain is moving closer to requesting a sovereign bailout and unlocking a European Central Bank program to curb the region’s debt crisis.
-
The best currency forecasters say the dollar’s 12 percent slide over the past year is coming to an end as Europe’s deepening debt crisis discourages bets against the world’s reserve currency.
-
Britain’s allure as a haven is crumbling as global investors desert sterling amid the lowest inflation-adjusted bond yields on record and a faltering economy.
-
Wells Fargo & Co. and Schneider Foreign Exchange, two of the most-accurate foreign-exchange forecasters, are scrapping calls for a stronger franc after Switzerland’s central bank imposed a ceiling on its currency.
-
The euro dropped the most in two months against the dollar as services and manufacturing in the region shrank to a three-year low, adding to evidence the central bank will need to do more to spur growth.
-
Trader demand for insurance against a slide in the euro is the highest in more than seven years as they bet European plans to fix the region’s debt crisis will worsen the currency’s slide.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page