Debt Concerns Hit Euro
The euro fell against the dollar and yen this morning after German Finance Minister Wolfgang Schaeub...
US Wholesale Prices on the Rise
Higher prices for energy and automobiles helped push wholesale prices higher by 0.7 percent for the ...
EUR and Dollar trade on fear
With all the information about the Japanese problems, Chinese monetary tightening, Euro-zone debt de...
Pound Falls to Six-Month Low Against Euro
Speculation that the Bank of England will resist interest rates for several more months even as the ...
US March Retail Sales Up 0.4%
U.S. retail sales rose for the ninth straight month in March climbing another 0.4 percent in additi...
Dollar remains Fools Gold
Despite all the event and geopolitical concerns, there remains a healthy tolerance for risk in the m...
Canadian Dollar Falls on Interest Rate News
The Canadian dollar declined against the U.S. dollar this morning after the Bank of Canada announced...
IAE Warns High Oil Prices Risk to Global Recovery
The International Energy Agency (IAE) said today the high price of oil is presents a genuine risk to...
Dollar not Sick it’s Terminal
This week the dollar has had the classic opportunity to rally aggressively. Global risk appetite has...
Euro falls against USD following ECB rate increase
The ECB boosted interest rates last week, causing the euro to fall from almost a 15-month high again...
Bank of Canada Expected to Maintain Interest Rate
Investors are taking a wait-and-see approach with the Canadian dollar ahead of tomorrow's Bank of Ca...
OECD Says Growth for Industrialized Nations Improving
The Organization for Economic Co-operation and Development (OECD) said today that the index by which...
Forex week in review: April 3-8
The Market got what it wanted this week when it came to Central Bank announcements. The RBA, BoJ, Bo...
Jobs Data Pushes CAD to 3 1/2 Year High
The latest Canadian employment report showed the economy lost 1,500 jobs in March but most were part...
ECB Expected to Add Further Rate Hikes
A survey of economists shows most observers believe the European Central Bank will implement further...
Dollar in the Dog House
Trichet going ‘one-and-done’ is not cutting it. Refusing to pre-commi...
Portugal Goes on the Dole; Spain Resists For Now
Portugal’s Prime Minister Jose Socrates announced today that Portugal has no choice...
Portugal Negotiates for Emergency Funding
Portugal's Finance Minister Fernando Teixeira dos Santos announced that the beleaguered country will...
How Hawkish is Trichet?
It’s all about the language, Trichet’s communique, not this mornin...
OECD Says Canada to Lead G7
The Organization of Economic Co-operation and Development (OECD) said Tuesday that it expects Canada...