The U.S. dollar hovered at a six-month peak having pushed higher as investors continued to give the euro a wide berth.» Read More
The U.S. dollar's strength appears to be waning as the focus turns from Europe's debt worries to China's possible appreciation of its currency, Chris Zwermann, global strategist and technical analyst at Zwermann Financial said Tuesday.
Over the weekend, the EU and IMF announced a support package for Greece that appeared initially to mollify German constitutional concerns.
The next 24 hours will be critical for Greece and its economy. After news over the weekend that the euro zone put together a rescue package, Athens will now test the markets reaction.
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In an exclusive to CNBC.com, Fast Money Trader Brian Kelly says "China's lending practices have been compared to the US during the 2000's and without the automatic stabilizers of the free market it is likely that tremendous imbalances exist. In the word's of Warren Buffet...when the tide goes out we see who has been swimming naked."
An aid package for Greece could come as early as this weekend, as the Balkan country is in danger of running out of cash, analysts at UBS wrote in a research note Friday.
Attempts to rescue Greece are simply making matters worse and the quicker the crisis comes, the better for the world.
The S&P stalled on Thursday leaving investors desperate for a market ‘tell’. How should you interpret the latest - and almost conflicting - new data?
Renewed worries about Greece sent the S&P lower and gold higher. Is the precious metal about to break out?
Growing soverign debt speculation has renewed anxiousness about Greece's financial footing as borrowing costs sharply increase.
I laughed out loud this morning when I read that Greece is going to market itself as an "emerging market" when it tries to sell a multi-billion dollar bond in the U.S. because Europeans won't buy up any more of their desperation.
The Greek 'bailout' is flawed. Beyond the typical political hostility, the structure of the plan has three weak links.
Today, the Euro came under pressure with after a series of stories have emerged over the last 24 hours on the details for a Greek bailout.
Credit default swaps (CDS) will be looked at closely to ensure transparency but they aren't necessarily going to be banned, EU Financial markets commissioner Michel Barnier told CNBC.
Of all the regions in the world, Bhaskar Laxminarayan, chief investment officer at Pictet Asia, told CNBC he has the least confidence in Europe right now and warned that there could be more negative surprises coming out of the region.
The recent dollar rebound is becoming an "overcrowded trade," but there is a "final oomph to come," Robin Griffiths, technical strategist from Cazenove Capital, told CNBC Monday.
If EU nations want to sustain a currency union with Germany, they have to implement economic and budgetary changes that bring their performance into alignment with Germany, according to Marc Ostwald, strategist at Monument Securities.
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.