anna: thank you, tom levinsohn., what has been the most monumental year in the currency markets of 2015. we choose between them. ♪ anna: welcome back, you are watching "on the move." first up, we get a rate decision from turkey. then we get a gdp reading from the u.s. from the recent quarter. later on, we get u.s. existing home sales. coastereen a roller year and for exchange markets and the valuations reshaping currencies. richard jones joins us. is still with us. richard, good to see you again. i know the answer to this because we spoke at 6:45 this morning, but what was you must shocking currency move of this year? when the year began with the massive move in the swiss franc, that set a tone for what we would see this year and stands out for me as the most shocking move. anna: tom, dealing with headaches disappearing -- dealing with pegs disappearing is something we had to deal with. is there any good way to lose a peg? you can't really telegraph it ahead of time. tom: in the case of russia, they had long signale

marie: right now on news 3 levinsohn :00, presidential candidates square off in the valley. donald trump take center stage tonight. we will take you live to his

we're going to talk to the former yahoo interim ceo, ross levinsohn, exclusively on the future of that company, and we are still awaiting that briefing from out in san bernardino, california, following yesterday's mass shooting there. we are going to take you there live. >> whether it's going to pin its core asset, whether they are going to change ceos. have you had any conversations with any members of the board about becoming the ceo of yahoo? >> no. not one. >> if you were approached, would you want the job? >> it's a hypothetical, and i'll push back because i was in the chair when scott thompson was under attack. it's completely unfair to marissa, who is a sitting ceo and trying her hardest to figure out a lot of complex problems to have all this noise in the marketplace. the board is behind her. they're supporting her. employees need to know that. there's a lot of tumult atta hue right now which for anybody that was there during my era and before my era are very familiar with that. yahoo index is better than any of them in the category, truly with the exception of facebook and goo

at what was done with levinsohn and calico. thise are trying to tackle .blem with the "live forever" concept is, let's say we can do a better job with cancerer's, diabetes, or , you still have bones, muscles, hearts, everything else that is going to age. i think we are pretty far off and i always ask if i want to live forever. not know that i want to. maybe extend life in little bit or live comfortably? >> that is the key. you want to be healthy and active until you drop dead. >> it happens to everybody. >> it does. knows? how close are we to finding a chair for cancer? >> it will not be a single chair. we are curing a cancer at a time and we are doing a good job at that. i talked about the leukemia and the diseases like breast cancer and prostate cancer. i do not know if you sure this. you can make it a chronic disease. there is more behavioral moonshotd it is not a .live forever" type why is that? do both.e to -- wheren cases like we are trying to cure cancer in those companies, it is a step at a time. there is definitely a moonshot idea with digital hea

to remind you once again, tomorrow we will talk exclusively with former wrau hue interim ceo ross levinsohnback on some some lists, including bob peck's, as a possible replacement for marissa meyer if, in fact, she does not hold that position for the long haul. we shall see. want to also update a story we first told you about yesterday. ae filing coming a day after it was revealed that mr. tepper sent the letter questioning the relationship with sun edison. tepper critical of a transaction between those two companies suggesting that sun edison is trying to push risky assets into terraform. which would change its business model and hurt shareholders? in particular mr. tepper is taking issue where sun edison's deal made in july for $2.2 billion. in kekdz with that deal, sun edison plans to put some of the assets into terraform making the company a player in the resident wral roof top solar market. that's a departure from its original business. mr. tepper also taking issue with sun edison, appointing some of its own directors to teraform's board. we told you yesterday that two board members re

there is a lot of bond traders levinsohn this happened before. stephanie: we're already seeing this income market struggle. assuming, where is the opportunity going to be? the investment opportunity? >> the market is most concerned about liquidity right now. there are 11 trading days left in the year. we have seen those struggles in the past weeks. stephanie: those investors are trying to get up that pain train come with a good the treasury market? >> i don't think it is clear .hat rates go up significantly it will depend a lot on risk assets. if crude move lower, you could see rates rally. up, howey does go confident are you they will make it? we at some yesterday that they could only get two thirds of that given the mechanics of how it works. >> in terms of the mechanics if of the fed raises rates they waited to 50 basis points and reverse to 25. but that the actual fed fund will be somewhere between 30 and 35 basis points. >> the new york fed's been testing the plumbing for some time. they will be ready to ramp up if need be. they need this to