Euro Posts Weekly Gains, Future Remains Uncertain
The euro posts gains this week even though it’s unclear whether Greece would receive the next portion of the planned €130 billion bailout. The future of the euro remains uncertain as a good outcome of the Greek story is in no way guaranteed.
Monetary Policy Week in Review - 11 February 2012
The past week in monetary policy saw just one bank lift rates; Jordan +50bps to 5.00%, and two banks cut rates; Belarus -200bps to 43.00%, and Indonesia -25bps to 5.75%. Meanwhile the banks that held rates unchanged were: Australia 4.25%, UK 0.5
Wheat Falls as Growin Stockpiles Counter Damage from Weather
Wheat was falling for the second trading session today on signs that there will be enough stockpiles to counter damage that adverse weather has done to supplies.
EUR/USD Slips as Greece Doesn’t Receive Rescue
EUR/USD was dropping today virtually without pause, a trend that started yesterday’s evening. The major news today was a denial of the new portion of bailout for Greece until Greek leaders would agree on deeper budget cuts. Forex market roiled on
Indonesia Cuts Interest Rates, Rupiah Weakness Ahead
Indonesia’s central bank cut rates by 25 basis points to 5.75% on Thursday. A very surprising move, the rate cut caught a lot of market analysts and traders by surprise given that the Indonesian economy has actually been growing at a torrid pace
CAD Drops as Greek Story Takes Troublesome Turn
The Canadian dollar dropped today against the greenback and the Japanese yen, but rose versus the euro, as Greece won’t receive rescue until nation’s leaders would accept deeper budget cuts demanded by other members of the European Union.
Crude Oil Fundamental Analysis February 10, 2012, Forecast
Crude Oil moved up for a third session, as an austerity agreement in Greece and a decline in U.S. jobless claims fanned hopes of greater demand for oil.Crude was up $1.06, or 1.1%, to $99.79 a barrel on the New York Mercantile Exchange. It r
USD/CHF Fundamental Analysis February 10, 2012, Forecast
The German Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be
EUR/GBP Fundamental Analysis February 10, 2012, Forecast
The German Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be
EUR/USD Fundamental Analysis February 10, 2012, Forecast
The German Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers.A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be
Positive Trade To Be A Boost for CAD in 1st Half of 2012
In a positive fundamental development for the Canadian economy and therefore for the Canadian dollar, the country's trade surplus swelled to a three-year high of C$2.69 billion in December. A better trade balance will go a long way to solidifying
Markets Lower as Greece Fails to Implement Austerity Measure
Equity markets and high yielding currencies moved lower overnight on news stories that European finance ministers failed to pass its latest loan tranche of 130 billion Euros due to the lack of commitment in Greece to implement austerity measures.


