The euro resumed its broad rise after taking a took a breather on Wednesday, tracking soaring Bund yields following Mario Draghi's remarks.» Read More
Bets by some of the same banks that helped Greece shroud its mounting debts may actually now be pushing the nation closer to the brink of financial ruin, the New York Times reported.
Gold prices have dropped nearly one percent over the past week—and the decline could continue, said Ashraf Laidi, chief currency strategist at CMC Markets. There’s more downside for the precious metal seen ahead, he told CNBC.
The Greek government's second bond auction of the year will be one of the key drivers of global markets over the coming days. While no date is yet set, Athens must raise significant funds via bond sales or face the prospect of default.
Even in these tough times you can still find opportunity. You just have to know where to look!
I don't know. I spent the last two weeks from afar and saw conflicting signals.
The economies in the West are not actually recovering, Martin Hennecke, associate director at Tyche, told CNBC. He foresees high or even hyper inflation in the West and a potential crisis in the bonds market.
If you remember the 1970's in New York City you wish you could go back to the '60's. The City was dirty, seemingly lawless with the "squeegee guys" attacking your car if you stopped at a light, and had a general feeling on being unsafe.
Greece is taking responsibility for its own financial problems and it will tackle its public deficit without a bailout, Norwegian Prime Minister Jens Stoltenberg told CNBC Monday.
As stock markets get whip-sawed by rising volatility investors should forget "lazy" strategies like holding onto stocks for the long term, Arjuna Mahendran, managing director at Head Investment Strategy Asia, told CNBC Thursday.
Greece's debt swaps came to light because of the battle between big banks and regulators in the US, Gikas A. Hardouvelis, professor of finance at the University of Piraeus and chief economist at Eurobank EFG Group, told CNBC Thursday.
China's move to unload US debt is likely to continue in the long term while the "euro scare" may last a while, legendary investor Jim Rogers told CNBC.com Wednesday.
The U.S. dollar rose against the euro on Wednesday after a new report showed housing starts rebounded more strongly than expected. How should you trade?
Greece's 2001 deal to swap some of its debt using currency derivatives was in line with what other euro-zone countries were doing, Yiannos Papantoniou, the country's finance and economy minister when the deal was made, told CNBC.com Wednesday.
The euro looks set to reverse some of its recent losses against the dollar and yen as investors scramble to cover bets that the currency will fall, Chris Zwermann, global strategist at Zwermann Financial, told CNBC Wednesday.
The EU should thoroughly investigate the case of the debt swaps involving Greece and Goldman Sachs, as these types of operations are destabilizing financial markets, economist Simon Johnson told CNBC.com.
With the euro appearing to stabilize on Tuesday, should you bet conditions in Europe are starting to even out. Or is this the calm before the storm?
Crisis meeting follows crisis meeting on resolving the debt debacle in Greece, but it seems solutions and even resolutions are hard to find.
Europe, the EU and the euro zone are not on the brink of an abyss. They are simply dealing with the expected problems inside the biggest currency area in the western world. And they will deal with them.
Investors are likely to stay uncertain in the coming week, with investors focused on Europe's sovereign credit woes in the short term, and a world with less government-induced stimulus in the long term.
Tactics like the ones that fostered subprime mortgages in America have worsened the financial crisis shaking Greece and undermining the euro, reports the New York Times.