In the currency market, the prospect of a potential American default also remained the main consideration.
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The government has also been threatening to intervene in the currency market when necessary.
Our advice to speculators: If you like pure gambles, check out the foreign currency market.
Apparently, the word "unlimited" is still worth something, even in a multi-trillion dollar global currency market.
Commodities are crashing, they don't know what to do in the currency market.
Simple enough, but are there other ETFs with which to get strong-dollar exposure without directly being involved in the currency market?
While no additional quantitative easing measures are expected, the language in the statement alone could cause large swings in the currency market.
The London currency market is already twice the size of New York's.
This spells for a long-term lag on the dollar, but there are short-term problems for the rest of the currency market as well.
Some may argue that if gold is positively correlated to emerging markets growth, that perhaps gold is not a good hedge against currency market swings.
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In the currency market, the euro weakened against the dollar, buying 88.50 U.S. cents, compared with 89.65 cents in late New York trading a day earlier.
Reserve accumulation, an indicator of the degree of Chinese intervention in the currency market, has slowed markedly since the third quarter of 2011 as China buys less U.S. debt.
The yuan has risen 1.2% against the dollar since the start of this year, a move largely guided by Beijing but supported by investors in China's onshore currency market.
Due to the slightly delayed impact of these movements on the currency market, there is generally an opportunity to overlay a broader movement that is happening in the commodity market to that of the currency market.
FORBES: Use This Currency To Short Oil, Another One To Buy Gold
The stronger dollar against the yen had been seen as a leading catalyst for the rise in Japanese shares, but some traders said the currency market on Thursday was largely acting in response to the stock-market fall.
Sony was helped in the final quarter by a currency market that knocked almost 20 per cent off the yen's value against the dollar and euro compared with the same period a year earlier, amplifying its overseas earnings.
The economy is improving, but Jessica Hoversen, a foreign exchange and fixed-income futures analyst at MF Global, warns that the currency market may have already overextended itself in the short term, while long-term trends endanger the U.S. dollar.
And so there is understandable tension in the currency market on Monday as investors swiftly conclude that recent squabbles over the role of private bondholders now seems to play second-fiddle to whether Greece wants any further part in an increasingly ugly game.
If you want to trade commodity currencies, the best way to use commodity prices in your trading is to always keep one eye on movements in the oil or gold market and the other eye on the currency market to watch how quickly it responds.
FORBES: Use This Currency To Short Oil, Another One To Buy Gold
Partly because of perceptions that the International Monetary Fund has become too powerful, governments are now considering a wider role for the BIS. Pakistan Finance Minister Sartaj Aziz says that the BIS could provide daily reports on the trading levels of each currency to give monetary authorities a better grasp of currency market movements.
Global Alpha's troubles seem to be in currency and market-neutral bets on stocks and bonds.
Ministry officials have instead been privately mulling the possibility of joint currency-market intervention with America.
Oppenheimer mutual fund bond manager Sara Zervos likes local currency emerging market bonds.
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Mr. Hoguet recommends holding about 2% of an overall bond allocation in emerging-market hard-currency bonds, and about 8% in emerging-market local-currency bonds.
Venezuela Keeps Official Exchange Rate Despite Flourishing Currency Black Market Trade.
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Outside of the precious metals, high-yield corporate and local currency emerging market debt are another trade favorite that has legs even if the equity markets turn positive.
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The problem, however, is that policymakers may not want to make their domestic monetary policies subject to formal exchange-rate targets for the sake of global currency-market stability.
As a product of Hayekian free choice in currency, market-based bitcoin is decentralized by nature and poses a false comparison to the century-old practice of central bank monetary manipulation.
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