Sage Investment Club

South Korea FX steps to boost global status, business for firms

© Reuters. FILE PHOTO: A South Korea won note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration By Choonsik Yoo and Yena Park SEOUL (Reuters) – South Korea’s plans to loosen restrictions in its currency market will raise the won’s global status and, as a result, boost business opportunities for local financial […]

ECB Visco says further tightening can continue with caution, regard to steps already taken

Ignazio Visco is Governor of the Bank of Italy and thus a European Central Bank Governing Council member. He spoke over the weekend in front of Italy’s Assiom-Forex financial markets association.: “The policy tightening can now continue with the due caution, carefully assessing the implications for the economy and inflation prospects of the measures that […]