Market news
04.11.2014, 09:37

Press Review: Dollar wins more fans, hits four-year high

Bloomberg

JPMorgan Faces U.S. Criminal Probe Into Currency Trading

JPMorgan Chase & Co. (JPM) said it faces a U.S. criminal probe into foreign-exchange dealings and boosted its maximum estimate for "reasonably possible" losses on legal cases to the highest in more than a year.

Source: http://www.bloomberg.com/news/2014-11-03/jpmorgan-faces-u-s-criminal-probe-into-foreign-exchange-trading.html


Reuters

FOREX-Dollar wins more fans, hits four-year high

SYDNEY, Nov 4 (Reuters) - The dollar hovered at four-year highs early on Tuesday, having cemented its status as the favoured one as investors sought the greenback against just about every other major currency.

Source: http://www.reuters.com/article/2014/11/03/markets-forex-idUSL4N0ST63V20141103


Bloomberg

Euro Woes Pressuring Eastern EU States Into More Easing

Low inflation, flagging growth, and the European Central Bank's stimulus bias will probably force eastern members of the European Union to cut interest rates to record lows this week.

Source: http://www.bloomberg.com/news/2014-11-03/euro-area-woes-pressuring-east-eu-states-into-more-easing.html

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