Reasons to Short EUR begin to Pile
Futures fund dealers certainly got the jump in the o/n session and have been happily sitting on thei...
Finland’s Demand for Collateral Shows Little Faith in Greece
On July 21st, Eurozone officials together with the International Monetary Fund agreed to provide Gre...
Risk Demand Pushes Canadian Dollar to 3-Week High
The Canadian dollar - nicknamed the "loonie" - broke a three-week high against its U.S. counterpart ...
US Consumer Spending Posts Five-Month High
U.S. consumer spending rose to a five-month high in July as auto sales rose sharply providing some e...
Don’t forget EU’s woes when buying EUR’s
Will we get to see an extension of last weeks price action this morning? With London on holidays and...
Bernanke Challenges Congress to Make “Difficult Choices”
Federal Reserve Chairman Ben Bernanke used this years Economic Symposium to challenge Fed policymake...
Higher Energy Costs Lead to Surprise Increase in Japan’s Consumer Prices
A sharp increase in energy costs resulted in an increase in consumer prices in Japan as core consume...
US Growth Output Downgraded
As Federal Reserve members continue their two-day session at Jackson Hole, Wyoming, the Commerce Dep...
Bigger Punch Irene or Bernanke?
Bernanke is unlikely to announce any new easing initiatives at todays ‘market hypedÃÂ...
Sterling Falls as UK Consumer Confidence Weakens
The British pound fell against the major currencies today following an update indicating that consum...
Gold Continues Sell-Off
Gold continued to fall today following yesterday's decline of more than $100 to mark its largest sin...
France Raises Taxes on Companies and Wealthy to Protect Rating
Spooked by S&P's downgrade of American debt, France has raised corporate taxes as well as the wealth...
Bernanke to disappoint EURO positions?
Despite Euro-zone sovereign bonds continuing to be sold off, European Banks funding under stress wit...