Empire holds Steady
The Empire State Manufacturing Survey indicates that conditions for New York manufacturers held stea...
EURO headache intensifies
Political progress in Europe has seemingly stalled. Italy's next premier, Mario Monti, is facing res...
CAD and AUD are in the same Boat
The CAD dollar is now trading on the back foot for the first time in three days. The reasons are mul...
Merkel Says Eurozone Facing “Toughest” Challenge Since WWII
German Chancellor Angela Merkel described Europe's economic crisis as "perhaps the toughest hour sin...
Another Day, Another Record Interest on Italian Debt
Berlusconi may be gone but the legacy lives on with yet another record yield on new issues of Italia...
EUR short sell as Italy’s Yield Climbs
Easy come easy go so far. Positive weekend Euro developments certainly tried to give the EUR a lift,...
Gold gets a helping hand from India
Oil prices ($98.99) again have advanced, capping the longest weekly streak in two years on speculati...
US Treasuries under pressure as EU debt risk eases
With Euro event risk abating has US yields backing up, especially further out the curve. The 10/30Ã...
Week in FX: Europe Nov. 6-11
This is a big weekend in Rome, and with a partial US and Canadian holiday, it’s not...
Americas Dollars took the back seat
The North “Americas†had little data to feed off this week. It is a sho...
Yen are you a safe haven or not?
Analysts will tell you that Japan is a current account surplus currency. However, with global tight ...
Politics and Fixed Income trump FX
Italy and Greece look as if they are slowly coming to grips with their political crises. The potenti...
Is There Any Merit to Operation Meatball Rumors?
By Abe Raymond Benzinga Staff Writer In short, I doubt it. The ECB and EFSF have decided to ...
Risk Currencies are finding it a Grind
CAD traders were caught red faced with Septembers trade surplus surprise print (+$1.25b), the first ...
Discussing Eurozone Breakup No Longer Taboo
Since it was first created in 1999, the Eurozone has never been so close to breaking apart as it is ...
EU Warns of Possible Recession
The European Union slashed its earlier growth forecast for the 17-member Eurozone today to just 0.5 ...
Greece Names Former Central Banker as New PM
After a couple of false starts and a whole lot of unnecessary uncertainty, Greece has finally name...
ECB blows smoke for Italy
Italy did get their Bills away this morning. The ECB has been working hard in the background, aggres...