The euro is set to remain weak against the dollar as the currency wipes out nearly all the gains it built during 2009, Royce Tostrams, technical analyst from Tostrams Groep told CNBC Friday.
The American markets are reacting to the country’s problems the same way they did health care. Cramer explains why that is wrong.
Considering stocks are trading near 18-month highs should you run for the exits or hold your breath and buy?
The Dow is now up 10 out of 11 days and within striking distance of 11,000. Will the melt-up propel us over this milestone?
Considering the Dems got one piece of sweeping legislation through Congress, will they able to do it again?
Sterling is undervalued against the euro. Just about every trading desk that I talk to seems to think so. However, very few of them tell me that they will be willing to back the pound until the general election is over.
The recent weakness of the euro against the dollar is set to change and the euro could rise to $1.45 in the next two weeks, Chris Zwermann from Zwermann Financial told CNBC Wednesday.
Markets generally remain way too optimistic over the economic recovery, but the UK has the potential for the biggest disappointment with the pound set to slide as low as $1.31 by year end, Hans Redeker, global head of foreign exchange at BNP Paribas, said Tuesday.