Vincent Deluard, European strategist at Ned Davis Research Group, says the strong euro is a problem for the region's companies, especially for the large exporters.» Read More
Barack Obama will become the 44th President of the United States on Tuesday. Ahead of Obama's inauguration, global stocks were mixed on investors' concerns about the economic difficulties confronting the incoming president. Experts on CNBC expect the dollar and U.S. stock market to fall on Obama's induction.
Like children at a funfair with a few quid in their pockets, Gordon Brown and Alistair Darling have dropped their latest coin (this one’s worth 100 billion pounds, or $146 billion) into the whack-a-mole game that is the UK financial market.
Global stocks were up Thursday after the U.S. said it would support Bank of America's purchase of Merrill Lynch with a $20 billion investment by the government and a promise to protect against losses on bad loans, removing a risk for investors. Experts highlight four perils that will dominate 2009.
The European Central Bank is widely expected to cut interest rates by 50 basis points Thursday, to a record low of 2 percent. But how low will the central bank go? Experts tell CNBC euro-zone rates could bottom at 0.5 percent.
The European Central Bank remains stuck to staff projections that the euro zone economy will shrink by just 0.5 percent this year while inflation slows to 1.4 percent and warns of a low-interest rate trap.
A day ahead of the European Central Bank's rate decision, more dismal data showed the euro zone needs monetary easing. But experts tell CNBC that central banks' interest-rate cuts have little impact on the economy in the current financial turmoil.
The euro remained under pressure Tuesday despite the German government approving a second stimulus package worth $64 billion to help Europe's largest economy.
Government bonds are still the safest bet for investors in these uncertain times, and the euro will face an uphill battle as weak economies will need more flexibility, Hugh Hendry, Chief Investment Officer and Partner at Eclectica, told CNBC.
There is a big chance that the Chinese economy will contract, as exports are falling because of the financial crisis that has gripped Western economies, Hugh Hendry, chief investment officer and partner at hedge fund Eclectica, told CNBC.
The euro fell against the dollar and the yen Monday ahead of the European Central Bank's interest-rate decision on Thursday. Experts tell CNBC that the single euro-zone currency will experience headwinds this year.
An earlier version of this blog said the European Central Bank's monetary policy meeting was scheduled for this week. The ECB will meet on Jan. 15.
Despite the dollar's two-day rally against the euro and the yen, experts tell CNBC the greenback's positive run may be over shortly, as a fast recovery in the U.S. economy seems more unlikely.
As 2009 begins, investors are hoping for a broad recovery in the global markets. But experts tell CNBC there could be more downside for commodities and sterling.
The Swiss franc is likely to shine over the next two years as other currencies are set to weaken, Christopher Locke, technical analyst at Oystertrade.com Management told CNBC.
My colleague Dave Harder and I have been watching a number of charts for clues to tell us if the Federal Reserve’s policies of quantitative easing and the lowering of interest rates to zero are finding their way into the economy—and what these clues might be telling us about equity prices going forward.
While the speed and size of the currency moves have been stunning, the daily volatility is numbing to the senses. The market is buying euros like a crack addict who's missed a fix for a month.
The euro rallied versus the US dollar on Tuesday following the Federal Reserve decision to set its target for overnight interest rates between zero to 0.25%.
When the Federal Reserve policymakers decide on interest rates Tuesday, investors will probably look one step beyond their decision, to gauge how much money will the Fed be willing to print once it is out of rate ammunition.
Gold has reached a good base of $730 and it looks likely to break out of that negative trend, Robin Griffiths, technical analyst at Cazenove Capital, told CNBC.
The dollar is teetering just below a critical level versus the euro that could send it nearly 40 percent lower, Phil Roberts, technical analyst at Barclays Capital, told CNBC.