Forex Week in Review June 19-24
This week has been a massive blow to risk trading, with investors being side swiped from all contine...
Euro Tumbles on Greek Austerity Concerns
The euro fell sharply Friday morning as investors questioned Greece's ability to pass into law the m...
Pick your Poison: EURO or Dollar
It seems to be a stab in the dark. There are just too many outliers involved for anyone to bet the b...
Trichet Warns Debt Crisis Could Threaten Banks
European Central Bank President Jean-Claude Trichet warned that the banking system's exposure to Gre...
Fed Reduces Growth Forecast
Federal Reserve Chairman Ben Bernanke sent markets tumbling late yesterday when he announced that th...
EURO Longs Squeezed
The EURO continues to struggle this morning, under weight from a combination of ‘soggy...
World’s Largest Bond Fund Predicts Greece Default
Mohamed El-Erian, chief executive of PIMCO, the world's largest bond fund, predicted that Greece as ...
Greek Government Survives Confidence Vote
By a score of 155 votes to 143 votes, the Greek government survived last night's confidence vote. Th...
EURO Buyer Beware
First hurdle completed. Now the market waits for the next Greek obstacle-the Greek government parlia...
Fitch Warns of Greek, US Debt Default
Fitch Rating said today that a "re-profiling" of Greek debt where investors willingly allow Greece t...
EURO Panic Attack is Only a Step Away
The big dollar has traded surprisingly poor despite the lukewarm news on Greece and global equities ...
Bailout Expected But Greece Required to Cut Spending, Sell Assets
While latest discussions have not yet resulted in an agreement to provide Greece with a bailout to a...
Forex Week in Review June 12-17
Markets are ending the week on firmer footing. The meeting between Merkel and Sarkozy and the news o...