The latest response to the euro crisis sparks a debate over how far governments must bend to the power of markets, The New York Times reports.
In the fiscal accord, the nations that use the euro essentially agreed to go back to Plan A — that is, the principles and rules with which they created their common currency two decades ago.
As a New York Jets fan, I despair of all the talk about the New England Patriots. I desperately want to wish the Patriots away, but I cannot. They matter. When it comes to Europe, investors around the world also face this exasperating combination of having, but not wishing to pay close attention.
Web-only advice and information for currency traders, with CNBC's Melissa Lee and the Money In Motion traders.
CNBC's Michelle Caruso-Cabrera reports on the latest developments from the EU Summit in Brussels. Did the EU do enough to avoid a downgrade? The reforms didn't do much to excite currency traders. What the summit means for the euro, with CNBC's Melissa Lee and the Money in Motion traders.
Despite the drama, the euro is virtually unchanged from its January level against the dollar. This strategist has a trade that should see more action.
Keith McCullough, CEO Hedgeye Risk Management, discusses what's happening in China and Russia, and says he's back to bullish on U.S. stocks in the intermediate term.
There was a little progress to celebrate in Europe but that doesn't mean the end of volatility, says Hank Smith, chief investment officer, Haverford Investments. With Clem Chambers, CEO of ADVFN.
Trading the euro while European leaders try to resolve the European debt crisis. Also, other currencies investors should be considering, with Willie Williams, Societe Generale director, institutional derivatives sales.
CNBC's Mandy Drury looks at the upward move in the U.S. markets, partially due to the EU agreement. And lower gas prices bring about a rise in consumer confidence.
The statement out of Europe says the leaders will be working toward "a new fiscal compact and strengthened economic policy coordination," but the failure of the U.K. to sign on means that any treaty will likely be outside the EU. It will essentially be a multilateral agreement. It's not clear whether the institutions set up to service the EU — or the euro zone — will be able to service this new agreement.
European leaders talk, China creates an investment fund - it's time for your FX Fix.
Another week, another euro zone crisis! It feels as if this crisis is never ending, self perpetuating until an eventual Armageddon that will at the very best end with the break-up of the euro zone and at the very worst in World War III.
British Prime Minister David Cameron is facing criticisms of leaving the UK isolated after he said he would not agree to a new European Union treaty.
Investors await the final outcome of the European leaders' summit with lowered expectations, after Thursday's stream of disappointments out of Europe rattled markets.
Hopes for the EU summit are fading, sellers of euros abound and the European Central Bank's Mario Draghi disappointed today — but here's why the euro could move higher.
Germany is correct to insist that going forward, European member states need to commit to a binding fiscal policy and Sarkozy needs to swallow hard and accept that European institutions will have a strong say. But good fiscal policy is the ticket to the main event, not the show itself.
The Fast Money traders take a look at Mario Draghi's comments impacting stocks today and await former MF Global CEO Jon Corzine's testimony.
Don't be surprised if gold falls to $1,700, according to some traders. When it comes to what markets wanted to hear from the European Central Bank it was all about money printing.
Today, the Bank of England left rates and quantitative easing on hold as Governor King decides to wait before more additional easing measures are taken and says that the events in Europe are beyond his control.