IBTimesFX

I've made a living out of exposing economic fallacies by illuminating them with the spotlight of truth. One of the major fallacies rummaging around Wall Street ...

* New inflation or price-level targets still options * BoC to study its role in securing financial stability * Must be cautious, price stability will not be s...

The U.S. dollar pared losses against the yen on Tuesday after the Nikkei business daily reported the Bank of Japan is considering additional steps to loosen mon...

Chile's peso is in line with longer-term fundamentals in real terms but the central bank can intervene in exceptional circumstances and does not rule out using ...

Japanese Prime Minister Naoto Kan and Bank of Japan Governor Masaaki Shirakawa discussed the yen and agreed to work closely in a phone conversation on Monday, b...

Japanese Prime Minister Naoto Kan and Bank of Japan Governor Masaaki Shirakawa may meet as early as next week to discuss the yen's strength and possible respons...

The Bank of Japan checked foreign exchange rates on Thursday as part of its vigilance on markets but does not have specific levels in mind when it watches the m...

Yesterday, the Federal Reserve FOMC Committee announced its decision to re-invest proceeds of its maturing mortgage portfolio in long-term treasury bonds. This ...

The Fed downgraded its assessment of the the economy, saying that data is showing "the pace of recovery in output and employment has slowed in recent months." M...

The US dollar is still retracing back its recent loses which exacerbated last Friday loses with the release the non-farm payrolls of July which lost another 131...