Greek officials confirmed that the country would not make their roughly 1.5 billion euro payment to the IMF due today.» Read More
The world’s central banks are all considering whether it is time to end the ultra-loose monetary policies that have helped the global economy recover from the financial crisis but one strategist believes the tighter monetary policy can only lead to recession, and a severe recession at that.
Should investors be looking to sell up and find a safe haven over the summer months as the wall of worry finally gains traction? Philipp E. Bärtschi, the chief strategist at Sarasin in Zurich, believes it is probably time to take some risk off the table.
Tough times call for tough measures and in Greece the government is planning a major crackdown on tax evaders that will involve naming and shaming those who do not pay up.
Stocks started May on a softer footing, in a day of mixed signals from markets.
Robust earnings reports and new money from fund managers may put a bounce into stocks at the start of the week, but the focus will quickly turn to economic news, especially Friday's April jobs report.
The dollar can't seem to stop sliding, and on Friday it was so weak that the euro almost hit $1.50. Here's how to trade that currency pair.
Who's really driving the dollar? Andy Busch, BMO Capital Markets, tells you who to listen to regarding the dollar, with CNBC's Melissa Lee and the Money In Motion traders.
Can the euro go to $1.50? The demise of the dollar continues. Is it because of a strong euro or a dollar in crisis? Currency strategies to profit from the weak dollar, with David Woo, Bank of America Merrill Lynch,Peter Schiff, Euro Pacific Capital, and CNBC's Melissa Lee and the Money In Motion traders.
A detailed look at currency trading, with CNBC's Melissa Lee and the Money In Motion traders.
When Europe’s political elite created the single currency in the 1990s the chances of an Italian running the newly-formed European Central Bank would have been seen as very low.
The specter of Lehman Brothers continues to haunt policymakers. Nowhere is its presence more apparent than the euro zone, where twin banking and sovereign debt crises are raging, reports the FT.
Regardless of what Bernanke says at his first media briefing, the markets are convinced the Fed chairman will keep the stock market rallying and the dollar in decline.
It's Fed-watch time for dollar traders, and it's Germany time for investors awaiting a decision on European Central Bank leadership. Time for your FX Fix.
Sharing his thoughts on the Fed's news conference and the recent moves the Central Bank has made on monetary policy, with Rep. Ron Paul (R-TX).
Should we congratulate or commiserate? .....That the Federal Resereve does it too now. That the Fed has decided to flank its policy decisions by regular press briefings from now on.
With Mario Draghi, Italy’s central bank chief, looking almost certain to become its next president, the European Central Bank is set for a significant change of style – but not necessarily in strategic direction, the FT reports.
With opposition to the bailouts of Greece, Ireland and now Portugal rising fast in the euro zone’s prosperous north, one analyst warns Greece to get on with restructuring its debt.
The won is wafting close to new highs, but the greenback still has the blues. Time for your Earth Day FX Fix.
The Canadian dollar is soaring on the wings of a strong inflation report, and yesterday's euro slide has halted — it's time for your FX Fix.
UK Prime Minister David Cameron ruled out any bid by former Prime Minister Gordon Brown to take the top job at the International Monetary Fund (IMF) on Tuesday, saying Brown was in denial about the economic crisis.