foreign exchange

The 5 Worst Investments of 2014

Stock market benchmarks have done reasonably well this year, but some sectors fell short, like foreign currency, oil and Russia.

A New Way to Bet on China: Open a Renminbi Bank Account

China's economy is booming, and Western nations are increasing their demands that its currency be allowed to rise to its natural value. Who knows if that will happen, but if you want to bet that it will, the Bank of China just made it easier: Now, Americans can open renminbi-denominated accounts.

Why Japan Is Rushing to Aid Europe: It's All About China

World markets got a boost this week from Japan's pledge to help overly indebted EU nations. What's behind Japan's move? Sure, the spirit of global cooperation is part of it. But much more significant is Tokyo's need to keep pace with Beijing in the influence game.

What Happened to the 'Plan' to Devalue the Dollar?

No matter what the Fed chairman actually intended, the central bank's latest push to inject money into the economy isn't resulting in a cheaper dollar. And it's not just Europe's woes that are conspiring against the buck -- a slew of other factors are also at play.