Portuguese Bond Yields Continue to Rise
Yields for Portugal's bonds rose to an all-time high this morning as investors continue to shy away ...
ECB Expected to Raise Interest Rates This Week
The European Central Bank is facing a true dilemma with its upcoming interest rate vote. On the one ...
Bernanke and PBoC pressurize EURO
The market remains nervous. The reaction to Bernanke’s ‘neutralââ...
Oil prices top $120 per barrel on Middle East unrest
Brent crude topped $120 a barrel Monday due to supply concerns stemming from unrest in the Middle Ea...
USD Falls Against JPY After Fed Hints at Keeping Interest Rates Low
Comments from Federal Reserve Bank of Atlanta President Dennis Lockhart caused the dollar to drop ag...
Unemployment claims hit record high in Spain
For the eighth month in a row, the number of people filing for unemployment benefits in Spain has ri...
EURO needs a rate hike
This weeks main event will be the ECB rate decision. Has Trichet telegraphed his hike intentions or ...
Bank of England Interest Rate Decision Expected to Be Close
The Bank of England has held the benchmark bank rate at 0.5 percent for the past two years but as ri...
Forex week in review: March 24-April 1
The month-end, quarter-end ‘fix mess’ is now over. Welcome to the beg...
Sterling Declines as Manufacturing Growth Slows
Sterling lost ground to the euro and the dollar today on news that the Markit/CIPS purchasing manage...
US Adds 216,000 Jobs in March
The Non-Farm Payroll showed an increase of 216,000 jobs in March and was even more optimistic than W...
Focus on the Battle within the FED not NFP
The month-end, quarter-end ‘fix mess’ is now over. Welcome to the beg...
Portugal’s Deficit Higher Than Expected
With three credit rating downgrades in the past week and now news that Portugal's deficit last year ...
EURO oblivious to Irish Stress Test
No one seems to be fazed by the crisis in Portugal or the Irish stress tests. After this mornings Eu...
Yen Falls as Investors Seek Higher Returns
The yen fell 0.7 percent to 83.07 to the dollar at 8:30 am in New York this morning from yesterday's...
ADP Says US Created 201k Jobs in March
The employment report created by Payroll services company ADP shows the US economy added 201,000 job...
Hawks support dollar against Yen and Swiss
Markets seem oblivious to any geopolitical data and event risk. Even another Portuguese and Greek do...
Interest Rate Speculation Boosts Euro
The euro gained on both the yen and the dollar following comments from European Central Bank member ...
Bullard Calls for Fed to End Monetary Easing
St. Louis Reserve Bank President James Bullard was quoted at a conference suggesting it was time for...
FED Hawk trumps Trichet
Which hawk can shout the loudest? It seems that investors are comfortable pushing European debt prob...