Japan Buys Eurozone Bonds in Show of Support
Japan announced that it was prepared to buy bonds from Eurozone countries even as Portugal continues...
Buy or Bye PIIGS Paper?
The ECB has been aggressive in buying bonds issued by high debt periphery governments in the seconda...
Dollar on the Rise
The dollar gained for the sixth straight day as optimism grows that the recovery strengthened in the...
EU Debt Worries Push Portugal Bonds Higher
Speculation that Portugal could be the next European nation to require emergency funding pushed the ...
No Irish luck for Portugal
With employment reports out of the way, like homing pigeons, Capital Markets return to the issue of ...
China Faces Inflation Test in 2011
On the very last day of 2010, Zhou Xiachuan, Governor of the People’s Bank of China...
JPMorgan Says Dollar to Decline on Low Interest Rates
JPMorgan issued a statement that the US dollar will lose ground this year as the Federal Reserve mai...
US Employment Gains Lower Than Expected
December's US labor report indicates that 103,000 jobs were created in the final month of the year l...
Canada Adds 22,000 Jobs in December
Statistics Canada announced this morning that the Canadian economy added 22,000 jobs in the month of...
Expected NFP fallout
The risk this morning is being too optimistic. The market is geared for a strong employment report w...
Canadian Dollar Outpaces US Buck
The Canadian dollar extended its winning ways over its US counterpart rising 0.1 percent to US$1.005...
Euro Falls on Growth and Debt Concerns
The euro declined 0.3 percent to a one-week low of $1.3106 by 8:30 am in New York this morning as in...
Still No EURO Buyers
This EUR consolidation will not last that long. Once the market has gotten this weeks employment dat...
Interest Rate Outlook for 2011
With a new year upon us, currency traders are once again turning to the old crystal ball in an attem...
Aussie Dollar to Gain in 2011: RBS
Robert Sinche, global head of currency strategy at Royal Bank of Scotland Group Plcâ€â„Â...
ADP Says 297,000 Jobs Created in December
According to payroll services firm ADP, the US economy created 297,000 jobs in December. A Labor Dep...
Oil Prices Seen as Threat to Recovery
The International Energy Agency (IEA) issued a warning that high crude oil prices threaten the econo...
Portugal provides the excuse to short EUR
The FOMC minutes reveled that the Fed was more optimistic in its view of US economic growth, but has...