Euro ahead on Greece hopes. NEW YORK, May 29- The dollar was mixed on Friday with month-end selling after a recent rally, as traders saw little in weak first-quarter U.S. gross domestic product data to discourage bets the Federal Reserve will start raising interest rates in 2015.. "Underlying sentiment remains positive but the dollar is seeing some profit taking...» Read More
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Steven Rattner, Willett Advisors chairman, explains why he remains a believer in China despite mounting fears that its economy faces a hard landing.
With all the tumult in the forex market today, why trade the euro? Here's your reason.
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Olivier Desbarres, Director & Head of FX Strategy, Barclays says both G10 and EM central banks are under pressure to ease given soft global growth levels. Despite this, he adds that overall volatility levels still remain low.
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What can be done to relieve economic worries in Europe? Thomas Maheras, Tegean Capital Management founder, weighs in with a few suggestions.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at Spain's plan to cut spending and hike taxes, and Burberry's lower-than-expected growth.
The Clash, one of the great bands of the 70’s (if that isn’t an oxymoron), had a track on their debut album called “I’m So Bored with the USA”. It came back into my consciousness when reading about the latest EU goings on this week, a re-mix would now replace “USA” with “eurozone”.
Australia’s Deputy Prime Minister and Treasurer Wayne Swan has denied that Australia’s economy is at risk of a Spain-like economic crisis, calling the thesis put forth by the former chief Asia-Pacific economist for Morgan Stanley, Andy Xie “absurd”.
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China is releasing a slew of economic data this week, with the potential to move a key currency. The question is how.
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