Euro Edges Higher as Fed Decision Looms | 1/27/2015 11:42:50 AM
The Euro continued to edge higher in Tuesday trading after a day of profit taking as investors await the outcome of the Federal Reserve Bank policy meeting to gauge expectations on the possible timing of an increase in interest rates.
Fed Meets Today, Asia Up, Euro Steady | 1/27/2015 10:41:23 AM
Asian share markets were mostly firmer on Tuesday and the euro held onto some rare gains, relieved that European equities had weathered Greece's election outcome without much disruption.
Euro Regroups after Greek Election | 1/26/2015 11:30:19 AM
The Euro steadied in London after a bout of profit taking by investors in the wake of Greece’s election outcome which earlier sent the Euro to an 11-year trough.
Syriza Wins; Euro, Stocks Slide | 1/26/2015 8:01:04 AM
The euro skidded to an 11-year low and stock prices fell on Monday as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election, putting Athens on a collision course with international lenders.
Greek Exit Polls: Big Syriza Win | 1/25/2015 5:12:32 PM
As voting closes in Greece, initial exit polling shows the left-wing anti-austerity Syria party winning an outright majority. Markets are likely to feel this will mean instability for the Euro and conflict between Greece and the European Central Bank.
Greece Votes: Euro Awaits Results | 1/25/2015 9:58:45 AM
Greece votes today in a General Election which is expected to produce a change in government. The Greek government is currently dominated by the conservative New Democracy party, but the most recent opinion polls forecast that the left-wing Syriza party will be able to take power following today’s vote.
Saudi King Dies; Oil Rallies; Euro Drops | 1/23/2015 9:03:43 AM
Asian stocks extended a global rally on Friday after the ECB launched a landmark bond-buying stimulus program that buoyed investors' risk appetite, drove bonds higher and left the euro pinned near 11-year lows.
ECB Announces QE Program | 1/22/2015 4:27:36 PM
A few hours ago Mario Draghi, in an eagerly-awaited press conference, announced that the European Central Bank would finally commence a program of Quantitative Easing in excess of $1.23 trillion.
Asian Shares Up as ECB Looms Ahead | 1/22/2015 9:47:59 AM
Asian shares held near eight-week highs on Thursday as investors bet on the likely size and scope of a bond-buying program the European Central Bank is poised to unveil later in the day in an attempt to revive the flagging euro zone economy.
Yen Recovers after BOJ Surprise | 1/21/2015 1:10:43 PM
The Japanese Yen rebounded versus the U.S. Dollar following a surprise decision by the Bank of Japan which deiced to maintain its current monetary policy rather than expand its balance sheet via its bond purchasing program.
Japan Cuts Forecast, Stimulus Stays | 1/21/2015 6:43:19 AM
Japan’s central bank cut its inflation forecast and kept its unprecedented monetary easing unchanged as tumbling oil prices handicap efforts to reflate the world’s third-biggest economy.
USD Peaks vs Yen on Upbeat China Data | 1/20/2015 1:27:05 PM
The U.S. Dollar was pushed to a 1-week peak versus the Japanese Yen after a report showed China’s annualized GDP was, for all intents and purposes, flat with growth at 7.3% but was better than the decline to 7.2% that analysts had been expecting.
Eastern Europe Looks to ECB | 1/20/2015 9:14:50 AM
Unlike in Switzerland, Eastern Europe has reasons to cheer Mario Draghi’s anticipated bond-buying push.
Chinese Shares Tumble; Europe Quiet | 1/19/2015 7:41:17 PM
The dust hasn’t settled yet from the Swiss National Bank’s shocking announcement and the angst over the latest currency tsunami will continue to be felt all over the world.
Eurozone Looks to Upcoming ECB Meeting | 1/19/2015 11:10:22 AM
U.S. Markets are closed Monday for the Martin Luther King holiday but throughout Europe banks and brokers continue to react to last Thursday’s decision by the Swiss National Bank to abandon its three-year-old currency cap which essentially removed a pillar of support for the euro.