The ECB surprised few when it raised its interest rate on Thursday by a quarter of a point. The rate increase will be debated regarding as to why it occurred. On the surface the ECB will certainly...
So here we sit on the cusp of yet another likely interest rate hike from the ECB. Is this an interest rate hike to slow down out of control growth or inflation? No. It is in the...
Tuesday started off relatively peaceful as full volume came into the markets. The EUR did trade a little weaker against the USD. Economic data coming from Europe and the U.S. proved disappointing, but not surprising considering the...
Full volume will return to the Forex and Commodity markets today. Trading was thin on Monday because of the Independence Day holiday in the States. Ranges were limited for most of the day and as of this...
Market volumes will be thin after the European sessions are completed today because of the holiday in the United States. The EUR continues to hold its ground amidst gains against the USD. The GBP has climbed slightly....
The EUR picked up a bit more ground against the USD on Thursday as investors search for its real value. The Greek government passed the second round of their austerity measures and news has circulated that German...
Risk appetite has emerged as the austerity measures seem well on the way to clearing their hurdles via passage in the Greek government. Investors have seemingly bought into the short term optimism.
The EUR climbed against the USD on Tuesday as investors grew in confidence that a deal that will resolve the current Greek debt problems will emerge. Today the Greek government is set to vote on austerity measures...
Market sentiment remains on a razor’s edge as trading opens up this week. The developments in the Greek debt saga continue to cause nervousness as fears about a potential restructuring of obligations is rumored.
The Fed produced little in the way of surprises last night. Essentially Ben Bernanke highlighted what was known already. The American economy has hit a soft spot, its growth outlook has been tamed, and inflation remains a...