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Currency volatility falls to lowest since 2007; Dollar declines

Posted on 23 April 2014

Volatility among major currencies fell to the lowest since 2007 as global central-bank balance sheets continue growing, driving more liquidity into financial markets, even as the economy worldwide recovers.
Australia’s dollar rose the most in almost two weeks against its U.S. counterpart before a report economists forecast will show inflation accelerated. The yuan touched a 14-month low as China’s largest manager of distressed debt said the country’s soured-loan ratio increased “significantly.” ……………………………………….Full Article: Source


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