Currency trading news

• Procter & Gamble cuts profit forecast on strong dollar January 27, 2012
  Procter & Gamble cut its profit forecast for this year, as the maker of Gillette razors became the biggest US company so far to pin the blame for a weakening performance on the strengthening US dollar. […]
• Davos 2012: Can the Germans stop being German? January 26, 2012
  Angela Merkel will eventually be forced to accept the inevitable, says Jeremy Warner. […]
• The IMF is no longer serving its purpose January 19, 2012
  To save the eurozone, it needs to dispense tough love, not endless bail-outs, writes Jeremy Warner. […]
• Kashya Hildebrand apologises to the Swiss over currency trade January 12, 2012
  The wife of Switzerland's former central bank chief has made a startling TV apology to the Swiss people and her husband for the currency transaction that led to his resignation. […]
• Swiss National Bank chief Philipp Hildebrand resigns over wife's currency trade January 9, 2012
  Switzerland's top central banker has been forced to resign after admitting he could not prove a controversial $500,000 (£324,067) currency trade made by his wife was done without his knowledge. […]
• Can the euro survive another year? January 9, 2012
  The eurozone debt crisis has started the new year as it no doubt means to go on - with an inconclusive summit, an irrelevant commitment to a financial transactions tax (or Tobin tax), and another bizarrely anomalous event in money markets. […]
• Swiss National Bank chief's wife's currency dealings made his position untenable January 9, 2012
  Less than a month ago the name Kashya Hildebrand would only have been familiar to those in the rarefied world of modern art. […]
• Swiss bank chief Philipp Hildebrand quits January 9, 2012
  Philipp Hildebrand, the embattled head of the Swiss central bank, has resigned with immediate effect after admitting that he had no proof that his wife made controversial currency trades without his knowledge. […]