“Black Swan” Events Precursor to US Stagflation?
In 1965, the British economy faced a two-pronged assault: weak growth coupled with rapidly rising co...
Survey Reveals Economists Believe Greece to Default
By a two-thirds margin, a survey of economists sponsored by the BBC World Service reveals that most ...
Short dollars does not support the EURO
The market started out being caught flat footed in Asian and ended up with the dollar only making so...
ECB plans emergency scheme for Irish Banks
THE EUROPEAN Central Bank (ECB) is working on an emergency plan to deepen its support for IrelandÃÂ...
Merkel Loses Power
Chancellor Angela Merkel's conservatives lost power in a regional stronghold on Sunday, with early p...
Forex Week in Review-March 25th
The theme of the week was the ‘Nothing Matters rally’ took a firm gri...
Eurozone sets bail-out terms
European leaders have agreed a restructuring of a financial bail-out fund that they hope will resolv...
US GDP Revised Higher
The Commerce Department said today that the economy grew more quickly in the fourth quarter leading ...
German ifo falls less than expected
German business confidence fell less than economists forecast in March, suggesting Japanâ€Ã...
EURO Crapshoot
Figuring out the direction of the EUR has been a crap shoot this week. The market is short and the l...
IMF says JPY value unaffected by repatriation flows
The International Monetary Fund said there is no indication that Japanese insurers are selling forei...
Irish Economy Shrinks again
Ireland’s economy shrank the most in a year in the fourth quarter of 2010 as consum...
Portugal needs a $99B in bailout
A bailout for Portugal may total as much as 70 billion euros ($99 billion), said two European offici...
China to Become World’s Largest Economy by 2030
PricewaterhouseCoopers (PwC) predicts that by 2030, China will "surge past the US" to assume the man...
Canadian Dollar Advances on Oil and Risk Play
The Canadian dollar gained 0.41 cents today jumping to 101.38 cents US on rising oil prices and a gr...
RBA says Banks to face slower growth
Australian banks will weather the financial damage from natural disasters that struck the nation thi...
A EUR sinking feeling
The Euro-region is up against it and is incapable of delivering the ‘grand bargainâ...
GBP Falls Following BOE Minutes
The Bank of England's March minutes showed that policymakers are taking a wait-and-see approach rega...
UK Budget Affirms Spending Cuts, Slower Growth
The annual budget as released today by Chancellor of the Exchequer George Osborne suggests that annu...
Event risk leaves EUR longs vulnerable
Something is going to give and today’s Portuguese Austerity Bill vote may be that r...