IMF Cuts U.S. Growth Outlook
The International Monetary Fund (IMF) today cut its U.S. growth forecast from 2.8 percent for the ye...
Germany, France Call for Greek Bail-Out
Angela Merkel and Nicolas Sarkozy today issued a clear statement in favor of providing emergency fun...
EURO waits and waits
No one is sure if the Merkel-Sarkozy meeting can bear fruit. Will they produce a compromise on the c...
Markets Tumble as Greece Riots
Global stock markets continued to fall today as rioters took to the streets in Athens to protest the...
EURO stampede persists
This is carnage and the mass liquidation of the Euro-unit is breaking all types of technical levels....
Soft Patch? Three Reasons Economic Growth is Slowing
For those hoping that the economy is merely going through a “soft patchâ€ÂÂ...
Euro Falls on Greek Debt Crisis
An apparent stalemate has developed during an emergency meeting of Eurozone finance ministers on how...
Look out below EURO
At the Euro-finance ministers meeting they sought to narrow differences on how investors share the c...
UK Inflation Unchanged at 4.5%
UK inflation remained unchanged in May at 4.5 percent with fuel and food prices continuing to accoun...
Weak EURO Shorts Being Squeezed
Stronger than expected Chinese growth data has given a slight boost to risk appetite. Growth in Chin...
China does not help the EURO
Investors are looking for signs that global growth is bottoming. Disappointing Chinese loan data (55...
Forex Week in Review June 5-10
It’s get out of Dodge time. The EUR continues to falter as sovereign-debt worries r...
Saudi Arabia Breaks Rank with OPEC
After yesterday's meeting of the OPEC countries failed to agree to the request sponsored by Saudi Ar...