The Japanese yen declined in the Asian market on Thursday against a basket of major and minor currencies, resuming losses that had paused temporarily yesterday against the U.S. dollar, on its way again toward the lowest level in five weeks, due to the growing concerns currently about the political situation in Japan, the worlds fourth largest economy. Less aggressive comments...

European countries could face a rearmament bill of up to $1 trillion as they respond to the growing Russian threat and the possibility of a significant U.S. military drawdown from the continent, according to a September 3 report from the International Institute for Strategic Studies (IISS) in London. The 106-page report, Progress and Shortfalls in Europes Defenses: An Assessment, highlighted...

The euro declined in the European market on Thursday against a basket of global currencies, resuming losses that had paused temporarily yesterday against the U.S. dollar, once again approaching its lowest level in a week, as the U.S. currency was bought as the best alternative investment amid rising financial stability risks in Europe and the United Kingdom. Consumer price data...

The US dollar held steady on Thursday in a volatile week, as investors grappled with a fragile bond market and labor market data that reinforced expectations the Federal Reserve will cut interest rates this month. With the Fed focused on employment indicators, Fridays nonfarm payrolls report is set to be a key driver in shaping investor expectations for upcoming policy...