It has been a quiet week on the economic data front with political news in Europe stealing the headlines again, following the elections in France and Greece. As we wrote the other day, the probability...

Parity for AUD/USD: On Wednesday, John mentioned USD/CAD’s attraction to parity, and Friday could be AUD/USD’s turn. The question is whether the 1.0020 low on Wednesday is sufficient ...

The Chinese central bank (PBoC) announced that it will lower its Reserve Requirement Ratio (RRR) by 0.5% to 20% for the nation's biggest financial institutions during the weekend. The move is the...

Speculation was rife yesterday that Greece will exit the eurozone amid the country's struggle to form a government following the elections, which sent risky assets down. Greek President Papoulias...

The mess in Greece continues with a new election looming and now German Finance Minister Schäuble has weighed in with some comments that the new vote should be seen as a referendum on euro ...

We continue along the US data trail today after a mixed day for US economic data yesterday with Industrial Production and Housing Starts showing improvement while Building Permits dropped more ...

A hectic week is not over yet, as a G8 Summit is scheduled for the weekend in which President Obama is bound to discuss with the other seven nation representatives how to proceed in Europe. Before ...

Not much was achieved by the G-8 at this weekend's G-8 Summit and we can now turn our attention to today's meeting between German finance minister Schäuble and his newly appointed French ...

The correction phase in commodities has been gaining some traction during the past week. The two major markets from a speculative point of view, crude and gold, have both borne much of the brunt ...

Following two months of trading sideways, gold made a strong move lower yesterday and has continued lower today. With several key technical indicators broken during the previous days and a dollar ...