The euro staged a downward reversal yesterday, following a German debt auction that caused investors to once again place their funds in safe-haven assets. Today, traders will want to pay attention as major market volatility is expected...
Riskier currencies like the euro and UK pound turned bullish yesterday, following the release of the British manufacturing PMI in morning trading. Meanwhile, the price of crude oil is steadily rising as tensions between the US and...
Concerns over the euro-zone debt crisis pushed the common currency to new lows yesterday during the first trading day of 2012. The EUR/JPY fell as low as 98.71, a 10-year low for the pair.
As we approach New Years we’ll attempt to address the major issues for 2012.
As we approach New Years we’ll attempt to address the major issues for 2012.
There has been a noticeable trend of stronger US economic data over Q4. Today’s last batch of US numbers for this year may show the US economy go into 2012 on a high note.
Low liquidity in the marketplace kept the euro relatively unchanged in trading yesterday. With the currency currently hovering close to an 11-month low versus the US dollar, traders are waiting to see if ongoing the euro-zone debt...
Investors have long been pricing in additional QE from the Fed and the BoE. Now it appear the ECB is managing expectations for a looser monetary policy.
Comments by Lorenzo Bini Smaghi is the first sign of the ECB’s willingness to consider quantitative easing (QE) should the need arise.
Despite starting Thursday off on a promising note, the euro managed to tumble against most of its main currency rivals as the euro-zone debt crisis continues to drive investors away from the currency.
