Foreign Exchange Market Focus Returns to Eurozone
Following a week in which market attentions were turned to the US stimulus package, this morning the focus returns to the euro zone periphery.
Today's Top Stories: China, Euro Debt, and US Yields
US yields eased after the 30-year auction of US Treasuries saw good demand. Higher yielders gained on the USD while attention focused also on China – which yet again bumped up its bank reserve requirements – and on Europe – where there has been l
US Deficit Concerns Dominate Foreign Exchange Market
Following US President Barack Obama’s agreement of a $1 trillion economic stimulus package with Senate Republications, the markets have become concerned that the President is not doing enough to combat the US deficit. This has been reflected in a
USD/CHF down during the Asian session
The U.S. Dollar was lower against the Swiss Franc on Thursday.USD/CHF was trading at 0.9834, down 0.28% at time of writing.
What's still wrong with the global economy : UN
The United Nations (UN), in its World Economic Situation and Prospects 2011 report, explains why the fragile and uneven global recovery that started in 2009 began to decelerate in the middle of 2010 and lists the myriad of problems that still pla
Opinion: Europe's Latest Civil War Has Begun
A war is now raging in Europe. On one side are the forces of the corporate state led by Germany and France; on the other are the forces of free-market capitalism led by Britain.
IMF chief: European situation remains troubling
International Monetary Fund chief Dominique Strauss-Kahn on Wednesday said the situation in Europe remained troubling, keeping up pressure on policymakers to find more effective measures to deal with the euro zone's debt crisis.
Treasury 10-Year Yield Rises to Six-Month High on Global Rec
Treasuries dropped, pushing yields of benchmark 10-year notes to the highest level in six months, as optimism the global economic recovery is gathering pace sapped demand for safety.
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Germany Stalls Bid to Expand EU Rescue Fund
Germany beat back bids for more expansive approaches to Europe's rescue of its fiscally troubled countries, leaving the euro zone to muddle through in the near term as markets warily watch Portugal and Spain.
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Foreign Currency Exchange Markets Rocked By EU-IMF Turmoil
The foreign currency exchange markets have been rocked ahead of a meeting between EU and IMF officials to decide whether the EMU bailout fund needs expanding.


