EU Morning Report – Renewed fears hit Eurozone economies!

Here are the latest Financial News: The Dollar traded weaker overnight giving up most of yesterday’s gains as Asian equities rebounded. However with US stocks remaining under pressure and Euro Zone peripheral risks resurfacing the Dollar may resume its strength across the board as safe haven appetite... Read the article »

EU Morning Report – Dollar weakness across the board as risk appetite soars!

Here are the latest Financial News: EU Morning Report – Dollar weakness across the board as risk appetite soars! The Dollar was sold across the board as demand for the safe haven eased and the market bought stocks and commodities aggressively. Company Earnings were strong but economic data was... Read the article »

Daily Outlok – Stock Markets Continue to Rally

Here are the latest Financial News: CURRENCY TRADING SUMMARY – 30th April (00:30GMT) U.S. Dollar Trading (USD) as fears about Greece eased on perceived efforts to speed up aid delivery the market focused on Q1 earnings and continued pushing higher. Weekly Jobless Claims came in at 448k vs. 465k... Read the article »

Daily Forex Report-USD higher, CDO spreads widen on Goldman charge

Here are the latest Financial News: USD: Higher, fresh Greek debt worries, improving US housing data, consumer confidence declines JPY: Higher, China tightening, Yuan revaluation speculation, Goldman default swap spreads widen EUR: Lower, Greece may soon tap EU IMF aid, Trichet says Greek bank troubles... Read the article »

Special FX Report – When is a rate hike not a rate hike?

Here are the latest Financial News: The Fed surprised the markets Thursday and hiked the discount rate 25bps to 0.75%. Stocks and commodities declined and the USD rallied to a nine month high in reaction to the Fed’s discount rate hike. Stocks and commodities rebounded from earlier losses and the... Read the article »