The U.S. dollar hovered near six-month highs, with data releases set to determine whether its strongest week since March prefaces a move higher» Read More
The markets have created their own gold standard because of uncertainties regarding other asset classes, Marc Faber, author of "The Gloom, Boom and Doom Report," told CNBC Thursday.
Let me introduce you to Chermany, a composite of the world’s biggest net exporters: China, with a forecast current account surplus of $291 billion this year and Germany, with a forecast surplus of $187 billion.
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.
The euro is unlikely to still exist as a currency over the longer term, the pound will fall substantially in the next few years and US Treasurys and some real estate in China are the world's two current bubbles, legendary investor Jim Rogers told CNBC.com Wednesday.
Germany’s trade surpluses built on holding down labor costs may be unsustainable for the other countries in the eurozone, France’s finance minister said in an unusually blunt warning to Berlin.
Greece’s patchwork system of early retirement has contributed to the out-of-control state spending that has led to Europe’s sovereign debt crisis. The New York Times reports.
Europe is looking (maybe) to form a Eurozone Monetary Fund with powers similar to the International Monetary Fund.
It never ceases to amaze how political leaders can shamelessly blame free markets and faceless speculators for the consequences of their lousy financial decisions.
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.
Greece is likely to formally ask the European Union for financial aid if the cost of borrowing does not fall in coming weeks and, if it doesn't get it, may go to the International Monetary Fund, Greek government officials told Dow Jones Newswires.
Poor economic data in the US coupled with Europe's debt crisis are contributing to an increase of the risk of the US economy going through a double-dip recession, Nouriel Roubini said.
The European Monetary Fund isn't even a formal proposal yet but it's already creating controvery among European Union leaders.
Plans for the creation of a European Monetary Fund have been gaining momentum as the debt crisis in Europe continues. But how would a European IMF work?
With the euro zone economy shrouded in uncertainty, UBS is advising clients to look at European stocks with strong exposure to the United States.
Chart expert, Jordan Kotick, Global Head of Technical Analysis at Barclays Capital back from a trip in Europe.
Greece skirted disaster this week by persuading investors and politicians that it is finally on track to fix its finances. But even before the dust settles, the government is setting the stage for a potential conflict with Germany, France and other European governments that may raise doubts about the sustainability of the euro project.
The euro has weakened recently because of persistent worries over the euro zone's debt problem.
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I think it was James Carville ("It's the economy, stupid!") who said he wanted to come back as the bond market since he could then rule over everyone.
This is war! That was the message from Athens Wednesday as the Greek government tried to combat the debt threat that hangs over the country.