EUR’s dog day afternoon
Say it ain’t so….have we hit the ‘dog daysâ€â...
US Retail Sales on the Rise
A survey of retail stores in the US open for at least one year, recorded an increase in sales for th...
Loonie Jumps on Weak US Employment News
The Canadian dollar climbed against the greenback on Thursday after data showed a sharp drop in U.S....
ECB Leaves Rates Unchanged
The European Central Bank left its benchmark interest rate unchanged at a record low of 1 percent fo...
Germany’s Trade Surplus Narrows in May
Germany's trade surplus narrowed to 10.6 billion euros (US$13.4 billion) in May due largely to a sha...
IMF Lifts Global Growth Outlook
The International Monetary Fund (IMF) has revised its global growth outlook for the remainder of the...
German Trade increases sharply
German imports have risen at their fastest rate since unification in 1990, outpacing a sharp rise in...
IMF raises growth estimates
The International Monetary Fund (IMF) has raised its forecast for global economic growth this year, ...
Trichet and Co. leave rates unchanged at +1%
The ECB left interest rates at a record low as rising market borrowing costs and the sovereign debt ...
Is Trichet any good at liars poker?
The FX market is trading with a lack of conviction and with investors trapped in ‘no-m...
Energy Stocks Expected to Boost TSX
Oil prices are expected to rise today on speculation that reserves, particularly in the US, declined...
China Expects to Maintain Current Reserve Levels
Saying that its $2.5 trillion reserves are not a "weapon" to be politicized, Beijing moved to ease c...
Gold Falls on Stronger Dollar
Gold retreated to a six-week low of $1,186.70 an ounce in London today. The price for immediate deli...
Lax Stress-Tests to hurt EUR
There is so much ‘noise’ in the market at the moment. Itâ€â...
Forecasters Predict Euro Parity
According to a recent Bloomberg survey, a collection of leading currency experts predict that the eu...