EURO Jackals lie in wait
A five notch downgrade by Moody’s is not much of a surprise, however with EU policy...
Euro Rebounds as EU Agrees on Debt Protocol
The euro appreciated 0.2 percent to 111.38 yen at 7:30 a.m. in New York, from 111.14 yen yesterday o...
Business Confidence in Germany Continues to Rise
The Ifo Institute for Economic Research released its latest report showing that business confidence ...
Moody’s cuts Ireland’s credit rating
Moody's Investors Service slashed Ireland's credit rating by five notches to Baa1 from Aa2 today and...
Dollar loses its Swagger
What a little love between friends can achieve, a EUR that’s a damn sight stronger ...
US Jobless Claims Fall by 3,000
Applications for new unemployment claims fell by 3,000 last week to a total of 420,000. This was sli...
EU Leaders Meet to Discuss Debt Plan
European leaders are meeting in Brussels today with discussions on establishing a protocol for rescu...
EURO Buyers and Sellers beware
It’s the beginning of the silly season where liquidity concerns cramp your style an...
Fed Set to Go Ahead with QEII
Despite recent signals that the US economy is gaining in strength, the Federal Open Market Committee...
Royal Bank Says Canada’s Economy to Gain in 2011
Analysts with the Royal Bank of Canada (RBC) predict that the Canadian economy will accelerate at a ...
Moody’s plays the Grinch, Dollar rally limited
We might downgrade, we might not downgrade. Moody’s stating that they are consideri...
Eurozone Production Rises Less Than Expected
Eurostat, the statistics office for the Euro Zone, announced that industrial production for the 16 c...
Bank of Canada Warns of Debt Risk
Bank of Canada Governor Mark Carney used a press conference in Toronto to once again warn of the ris...
EUR shorts will be squeezed
It’s a market given that helicopter Ben will not announce any new policy measures t...
Canadian Dollar Rises with Oil Prices
An increase in commodity prices including oil has helped push the Canadian dollar to four straight d...
OECD Says Eurozone Recovery “Muted”
The Organization for Economic Co-operation and Development feels that the Eurozone countries will se...
Derail the Dollar for the rest of December
There are a couple of events this week that may be expected to derail the dollar. On Wednesday, the ...
Chinese inflation at 28-month high
Inflation in China has risen to a 28-month high, sparking warnings of new interest rate rises. Th...
China’s Exports Increase More Than Expected
China's exports jumped by 34.9 percent in November compared to the same month one year ago. Analysts...
France, Germany Pledge to Support Euro
After meeting to discuss the Euro ahead of a European Union meeting next week, French President Nico...