The country whose finance minister famously said in 2010 that an "international currency war" had broken out has finally been winning. But Brazil shouldn't break out the "mission accomplished" banners. Superficially, Brazil's move to scrap a 6% tax on …

Interest rates respond to unemployment: a currency war in sheep's clothing. ALEX CARRICK. Chief Economist, CanaData. After a substantial drop in total employment in March (-54,000 jobs), the labour market picked up slightly in April (+12,000 jobs), …

China will not compete for currency depreciation in a bid to boost the nation's competitiveness, said Zhou Xiaochuan, the central bank governor, at a conference in Shanghai on Monday. The yuan has appreciated 35 percent against the US dollar since 2005 …

The managers think that Japan's fiscal policy can trigger a currency war as emerging markets see their economies get stalled by a weak yen. In addition to this drawback, abnormal inflows are coming into European and U.S. equity and bond markets which …

India, Brazil, Indonesia and Turkey have all intervened in the currency markets this week to shore up their battered currencies – a sign of just how much things have changed from just a few months ago when countries globally were doing all they could …

Japan has just kicked off a dangerous regional currency war, and there is no end in sight. Even investors here in the U.S. must take note, because the global economic impact could be severe. Recently, the G20 warily approved Japan's new economic plan.

Thailand cuts interest rates, drawn into Asia's deepening currency war. By Jake Maxwell Watts — May 29, 2013. Thailand's central bank voted unanimously to cut its 2.75% base rate by a quarter of a percentage point on Wednesday in an attempt to stem a …

He outdid the Fed: Mr Kuroda with reporters after meeting PM Abe last Thursday. Announcing on April 4 what he called 'a new phase of monetary easing, both in terms of quantity and quality', the BOJ governor promised to double Japan's monetary base …

It can now be fully confirmed that we are in the middle of a currency war on a global scale. On April 19, the Thai baht was trading at Bt28.55 against the US dollar. At that point, Dr Prasarn Trairatvorakul, the Bank of Thailand governor, almost lost …