Again the EUR fails to weaken!
The lack of a EUR selloff this morning, in the wake of a poor Euro industrial order print (-0.7%) an...
Yen Falls as Officials Pledge Action on Currency
In response to a record high of 75.95 yen to the dollar, Japan’s Finance Minister Y...
German Manufacturing Better Than Expected
The German Manufacturing Purchasing Manager's Index remained at a better-than-expected 52 for the mo...
European Stock Markets Rise on Fed Speculation
Stock markets in Europe gained 1-2 percent in morning trading on growing speculation that the U.S. F...
Merkel Describes Eurobonds as “Wrong Answer”
In an interview earlier today on German television, Chancellor Angela Merkel expressed her clearest ...
Gold Prices Could Go “Parabolic”
Gold prices continue to rise as investors turn to the metal for protection from plunging equity pric...
Oil Prices Decline as Libya’s Output Expected to Rise
With the apparent overthrow of the Muammar Gaddafi regime now all but a given, oil prices have decli...
Bank of Canada Statement Highlights
Realization of several downside risks indentified in the Bank’s July Monetary Polic...
Citigroup, JPMorgan Raise Recession Fears
Citing a sharp decline in growth and an uncertain political climate, Citigroup Inc. and JPMorgan Cha...
Swiss Franc Still on the Rise
Yesterday's equity market sell-off sent investors into a defensive mode resulting in a move to safet...
What’s Your Safe Haven Currency Choice?
Capital markets reached a tipping point yesterday, pushed over by Euro bank funding concerns and wea...
Swiss Franc Declines on Speculation of Further SNB Intervention
The Swiss franc fell 0.7 percent to the dollar and 0.4 percent to the euro by mid-day trading in Lon...