Commentary :: Hedge Your Bets, The Risk-On Play Is Overbought...
The past week brought on a liquidity-infused rally, started by dovish remarks by the Federal Reserve and amplified by the European Central Bank (ECB) committing to the stability of the Euro zone through bond purchases. BIG MOVES This has led to a multi-year breakout in equity indexes, coupled with
Could Finland Leave The Eurozone Opening The Door For Germany...
Once Finns break the taboo, it would be easier for Germany to extricate itself from an escalating national disaster without inviting opprobrium from across Europe, or so goes the argument.“We can’t start this off, but the Finns can,” said Hans-Olaf Henkel, former head of
Will EU Summit Rescue Euro
http://stock.ly/07nmdzYesterday the EUR/USD slipped on renewed fears that contagion from the eurozone debt crisis could infect the region’s financial system and closed the day slightly lower than opening.
German Consumer Confidence Slips
http://stock.ly/0nfcjzThe market is still digesting Fed Chairman Bernanke’s comments. EUR/USD climbed to its highest level in March as the market continued to put economic growth concerns on the sidelines and continued to focus on policy stimulus.
EUR/USD Gains On U.S. Outlook
The forex market was volatile as the headlines and investors’ focus changed often during the last two days. EUR/USD slipped after disappointing Manufacturing and Services PMI figures,
Investors Are Cautious Ahead Of Bernanke’s Testimony «...
:: Home » Technical Analysis » Investors are Cautious Ahead of Bernanke’s TestimonyLast Updated on Wednesday, 21 March 2012 03:40Written by FxTT Analysis DepartmentWednesday, 21 March 2012 03:40Economic data released from the Eurozone and the U.S. were slightly better than
EUR/USD Climbs As Eurozone Worries Ease « Technical Analysis...
EUR/USD had a bullish day after New York Federal Reserve President William Dudley’s comments fueled worries about the health of the U.S. economy.
Greece Passes New Round Of Austerity Measures
Feb. 13 (Bloomberg) -- Greek Prime Minister Lucas Papademos won approval from parliament for austerity measures to secure an international bailout after at least 151 members of the chamber voted for the measure, according to a tally of votes. Ten buildings were set on fire in central Athens by
Asia Resilient Amid Euro Debt Crisis: IMF
Anoop Singh, Director, Asia & Pacific Department, IMF says concerns persist over a possible spillover effect to Asia from the euro zone. However, he adds that Asia has room for stimulus.
Greek Default Not In Cards: German Finance Minister
"I am convinced we can avoid a Greek default," Wolfgang Schauble, Germany Federal Minister of Finance tells CNBC's Maria Bartiromo. "We are trying to do a growth friendly deficit deduction," he adds. Oilli Rehn, European Commissioner for Economic and Financial Affairs, also
IMF's Lagarde: Much Still Needs To Be Done For Euro Crisis
IMF managing director Christine Lagarde says she hopes that 2012 will be a year of healing for Europe. The euro partners have to agree on more, says Lagarde, who adds the IMF needs an additional $500 billion in lending capacity to build a stronger firewall out of the euro zone.
George Soros Shares View On Europe
George Soros, Soros Fund Management chairman, explains why the European debt crisis could be worse than the 2008 crisis in the U.S. While Europe has a common central bank, he points out, it has no common Treasury. By contrast, the U.S. had the authorities in place to deal with its financial crisis
