Euro is bid as the market is in the throes of correcting its extremely bearish positioning and the risk is still to the 1.30′s. That is where the re-evaluation of the global scenario should take......

The G-20 participants may have more than doubled from the G-8 but it is still China who is the most important member. Western governments have been complaining for years that the yuan is undervalued......

“When I Use a Word it Means Just What I Choose it to Mean, Neither More nor Less” *The German government “currently sees no need for action” to assist Spain from the new EU ......

One of the constant refrains of the Greek-EMU debt crisis is that for the Greeks, this time things are different. Athenian politicians cannot devalue their currency to restore competitiveness and ......

Only the initial currency reaction to the EU/IMF bank and debt rescue plan was as ecstatic for the euro as it was for the equities.  The united currency closed on Friday in New York at 1.2733. ......

In a normal economic recovery, employment is a trailing indicator.  It is one of the last economic statistics to capitulate in a recession and the slowest to return in a recovery.  ......

Restructuring is a polite term for default and default is the ghoul haunting the European sovereign debt markets. Governments can lend each other money and they do it constantly by buying national ......

Despite the  sour news on Greek debt and the inability of the EMU to come to an agreement among it members about how, or even if, to assist Greece , the euro found strong support ahead of the ......

The Federal Reserve 25 basis point increase in the discount rate last Thursday to 0.75% was not a market moving event. Bond and mortgage rates were unaffected and banks whose Fed borrowing is directly......

The Federal Reserve 25 basis point increase in the discount rate last Thursday to 0.75% was not a market moving event. Bond and mortgage rates were unaffected and banks whose Fed borrowing is directly......