Risk taking came out of hiding on Tuesday as the EUR continued to bully upwards against the USD in face of the Greek debt situation. Across the Atlantic the U.S. equity market turned in positive performances as...
Although the EUR did in fact find footing yesterday and was able to gain against the USD nearly finishing at its close on Friday, the problems regarding Greek debt have not gone away. What has been witnessed...
The weekend did not produce an agreement for the Greek debt situation. Germany and other nations continue to debate the amount of money that Greece will be able to receive before the Greek government implements ‘needed’ austerity...
The Confidence Game that Europe has been playing for over a year regarding its debt crisis is reaching critical levels. This weekend German and French officials are set to meet to discuss the Greek bailout. The uncertainty...
One day after good gains on Wall Street investors proved that not all is confident in the world of finance. Reversals were strong on Wednesday as the major indexes in the U.S. dived. Part of the reason...
Wall Street turned in its best performance in two months on Tuesday as the major indexes all gained. The question going into today’s session will be if momentum will keep up. Investors cannot be faulted for thinking...
The USD lost ground to the EUR and GBP as range trading emerged and the broad markets proved that they continue to be tentative at best. Wall Street turned in a mixed performance that may have been...
Wall Street was brutalized on Friday before going into the weekend. Risk adverse trading finished the day with investors essentially looking for protection. The USD gained versus the EUR and GBP and finished in the middle of...
The USD gained against the EUR on the heels of the ECB press conference anchored by President Trichet. While signaling a possible rate hike in July, the ECB President also added that inflation appears ready to moderate....
The broad markets including Forex and commodities largely danced around existing ranges on Wednesday. While the USD did fight off an early rise in value from the EUR, by the end of the day prices basically mirrored...