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Investors are cutting the yen adrift, cooling on the idea that a big rally is just around the corner even as bets firm that a policy shift in Japan could come as soon as next week. Little by little, the view that the Japanese currency was the cleanest wager against the dollar - destined to zoom as Japan hiked interest rates while the Federal Reserve cut - has faded as the dollar's stubborn strength has dominated trade. One result is an uneasy calm in spot and options markets for dollar/yen as traders give up waiting for the yen to bounce.

OMAK — Okanogan County’s municipalities should require business licenses, keep a registry of vacant buildings, require utility fees be paid on vacant buildings, and take other steps to reduce the

Bank Of America Corp (NYSE: BAC) named Asia-Pacific President Jin Su as the region's head of global markets and appointed leaders for fixed-income, currencies, and commodities trading and sales. Su will continue to lead the region as president and chair of the Asia Pacific executive committee, Bloomberg cites an internal memo. The firm named Patrick Law as the head of the region's fixed income, currencies, and commodities trading, and Neelkanth (Piddi) Parekh was appointed head of sales for the

Bryan Edward Law

SHANGHAI/HONG KONG (Reuters) - Investors who have exploited Hong Kong's cheap interest rates all year to fund other trades globally are finding that t...