The dollar touched an 11-month high after positive U.S. housing data the previous day fed hopes that the world's biggest economy is strengthening.» Read More
Guess where we'll be getting our cues from this week. From the bond markets and the politicians! Tadaaa! Fantastic! So something new to look for then! Unfortunately...not the case. Glancing at the agenda, the most important political event to be aware of is the Euro group meeting of Finance Ministers on Tuesday.
The stories that may well materialize in the next few weeks will be more heavily influenced by what happens this week to Europe's latest yield curve inversion, core bond rates, and policy announcements.
With talk of a possible euro zone breakup on the rise, here's way to value some possible outcomes.
Julian Callow, Barclays Capital chief European economist, discusses the state of UK and European banks as Italian bond yields rise to worrisome levels. "Banks will be pressured to raise capital," he says.
Italy's bond auction is a flop, and human currency traders haven't done much better - it's time for your FX Fix.
More and more analysts looking at the euro zone predict that another recession is inevitable, as banking sector tensions combined with political wrangling over the debt crisis will depress consumer confidence further.
The euro zone's "garlic belt" states (Greece, Italy, Portugal and Spain) will have to endure deflation to catch up in competitiveness with the other, "butter belt" members, according to a report by research firm Smithers & Co.
German bonds aren't selling, yields on Spanish and Italian bonds are squeezing, and the euro is showing the strain. Good thing someone's dispensing tough love.
Just in time for Thanksgiving, a passel of currency experts have offered up trades that should make you grateful.
The British fret over Europe and Germany's bond auction disappoints - it's time for your FX Fix.
Try as we might we cannot escape the euro zone crisis and its impact worldwide. Perhaps EU governments should be happy when they observe the President of the United States visiting the Prime Minister of Australia and taking time out to comment on the euro. In true Wildean fashion, it’s always better to be talked about…
Kathy Lien, Director of Currency Research at GFT Forex explains why she is bullish on the U.S. dollar.
You know all about the January effect for stocks, but history suggests the euro could get interesting in December.
Now that the deficit supercommittee has packed it in, interesting trades are surfacing.
The not so supercommittee's failure weighs, but the euro catches an updraft - it's time for your FX Fix.
Following the daily swings of the euro zone debt crisis, it can be difficult to focus on the long-term, bigger picture.
Stuart Oakley, Head of Emerging Markets FX Trading at RBS says investors starting to pull away from Euro and the most important driver of that currency is central bank buying.
Will Oswald, Global Head of FICC Research at Standard Chartered, says that investors should buy into the dollar now but Asian currencies are the better bet in the long-term.
Mike Crofton, President & CEO of The Philadelphia Trust Company and Axel Merk, President of Merk Investments, say that the failure of the debt super committee to reach a deal did not have a major impact on the markets.
The pain of a euro zone breakup would be too great, this strategist says, and Europeans know it.