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Elections Throw Euro Under a Bus
May 08, 2012
Last Friday, I sent you into the weekend talking about the elections that had held the euro (EUR) hostage, which would be held in France and Greece. France got their Socialist leader — good for them. I... Read More
from Wall Street Pit
UK Retail Sales Push Euro-Bloc Higher
April 20, 2012
The euro (EUR) has gotten another boost this morning from a think tank report in Germany, and what’s called the “euro bloc” of currencies is moving along with the euro this morning. The “euro bloc”... Read More
from Wall Street Pit
Overnight Currency Rally Fades
April 19, 2012
The gyrations and volatility continue in the markets — one day up, the next day down. One day a piece of data matters; the next day it doesn’t. But we carry on in spite of these daily movements back... Read More
from Wall Street Pit
Subprime II? When Do We Ever Learn?
April 13, 2012
The currencies and metals added to their gains yesterday as the day went along. The euro (EUR) traded briefly at 1.32, and the Aussie dollar (AUD) traded through $1.04. There were more Fed heads... Read More
from Wall Street Pit
ECB Turns Into the Fed
February 29, 2012
The big news this morning is all about the European Central Bank (ECB) and their LTRO (long-term refinancing operation). I told you the skinny on what was going on yesterday, so I’ll give you the... Read More
from Wall Street Pit
Fed to Devalue Dollar by 33%?
February 08, 2012
The currencies began to get some wind in their sails yesterday midmorning, and soon an all-out rally was taking place. The currency rally was led by the euro (EUR), just like in the old days, and the... Read More
from Wall Street Pit
What's Behind the Euro Rally?
September 12, 2011
The euro rallies: Is the Greek drama coming to a head a positive for the euro? A stronger, core Europe would certainly be good news, but most traders still believe in the "contagion" theory over the... Read More
from CNBC.com News
A Currency Markets Primer with Four Ways to Pocket a Profit
September 01, 2011
If you haven't traded in the currency markets, you're missing out on the largest financial market in the world. Average daily trading volume in the global foreign-exchange markets (forex or FX markets)... Read More
from Money Morning
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