John Noonan, Senior FX Analyst at Thomson Reuters says that markets are short on the euro and that if there is no good news from the European Summit this week, the single currency looks vulnerable.
Greece’s political leaders still don’t seem to get it, and neither do its official creditors. The longer this problem persists, the greater the challenge of turning around a country already beset by recession, insolvency, distressingly high unemployment and rising poverty.
Despite the ongoing turmoil in Europe, the euro has fared well in June - but this strategist says the party is just about over.
Risk aversion lifts the dollar and Brazil and China do a deal - it's time for your FX Fix.
The French President is determined to show the French that he is willing to stand up to Berlin, to push the German Chancellor to contribute even more than before toward a lasting solution of the euro mess. The New York Times reports.
Troubled Cyprus, the small island affected by its closeness to Greece, has approached Russia for a loan, but its preferred option would be borrowing from Europe, the island’s Finance Minister told CNBC Friday.
Hopes of launching the euro zone’s permanent rescue fund in the first days of July suffered a blow on Thursday when one of Germany’s opposition parties said it would ask the country’s highest court to suspend ratification while deciding whether it complied with the constitution, the Financial Times reports.
The euro wavers as a Spanish bank audit looms, and India's rupee can't get a break — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a drop in oil, gold and copper prices.
Asian markets fell on Thursday amid growing worries about global growth after China’s factory sector contracted for an eighth straight month, with economists telling CNBC it’s time for Asian policymakers to do more to boost growth.
Alec Young, Global Equity Strategist, S&P Capital IQ says that Europe will cut interest rates at its next meeting, but If Europe does not solve its crisis soon, the Fed will likely embark on QE3.
The euro lifts, and British pound slips, and the Afghan currency don't get no respect — it's time for your FX Fix.
The Bank of England is on the verge of approving another round of monetary stimulus, with Governor Mervyn King supporting an extra 50 billion pounds ($78.5 biillion) of gilt purchases, minutes to its June 6-7 policy meeting showed on Wednesday.
Greece might be in economic crisis mode and getting productivity levels up might take time, but there are signs of improvement according to one economist.
In Spain, misinformation and cover-ups have undermined Spaniards' trust in their government and its plan for economic recovery, with repercussions that could resonate all the way in Brussels. The Christian Science Monitor reports.
The Federal Open Market Committee is beginning a two-day meeting, and these strategists have a trading plan.
The Greek election had the right outcome: they decided to work within the system. The problem is that there just isn’t much of a system, and the system doesn’t have any idea what to do next.
The Greek election failed to provide a sustained lift to the euro, and this strategist has a plan to trade the weakness.
The Greek election result has simply postponed the finding of a lasting solution to the euro zone debt crisis to a later date and meetings between international leaders are not tackling the underlying issues, Richard Cookson, Global Chief Economist at Citi Private Bank told CNBC.
Russia is setting aside up to $40 billion for this year and next to shore up the economy in case the crisis in the euro zone escalates and spreads, and is dusting off a plan that would allow the government to recapitalize the country’s banking system.