Forex News The Eurozone grew by only 0.2% in the third quarter, reaffirming the view that the region is potentially slipping towards recession. The omnipresent threat of debt is hanging like a grey cloud over many of the regions nations, exacerbated by low productivity ...

Forex News One of the principle reasons why many traders refuse to get involved with the Japanese yen is because of situations such as today’s, where intervention by the Ministry of Finance manipulated the value and sent it spiralling in early Monday trading. ...

Europe Risk appetite returned to the markets today as investors felt a breeze of confidence from the EU crisis summit . The calming words from Mr. Barroso were the catalyst for a return to riskier assets for traders who had resigned themselves to a winter of ...

Forex News To what has become the status quo, Monday’s currency markets reflected the underlying pessimism which has been plaguing the Eurozone over the past months. The Euro traded lower against the dollar during the morning as the weekend’s unconvincing summit ...

Forex News Markets can sometimes be considered as irrational beasts; defying logic and making it almost impossible to predict, with any degree of certainty, even the most obvious of price movements. The fact that this is an underlying and omnipresent feature prevents ...

Europe Just yesterday, we reported that the fate of the European Financial Stability Fund hung in the balance as the Slovakian Parliament voted not to ratify it. The coalition government had made passing EFSF a matter of a vote of confidence and, in the event, ...

Forex News The Euro rallied strongly, alongside other risky assets on Wednesday as the heavyweight of European finance, Jose Manuel Barroso, announced a plan to end the European debt situation and force a decisive decision on the sustainability of Greece. Despite ...

Forex News US stocks traded higher on Wednesday morning, and into the afternoon on investor optimism over a resolution to the Euro zone debt crisis.  Investors chose to ignore a disappointing start to earnings season, as Alcoa missed analysts’ forecasts.  ...

Europe The European Union works on the basis (most of the time) on consensus. When this works, it means that nations march forward in unison, but, as ever, the devil is in the details. Finding an agreement which meets the diverse needs of 27 states for EU-wide ...

Europe In probably the most ironic piece of financial news to emerge so far this century, the Greek authorities have stepped in to recue a troubled bank. The Hellenic Financial Stability Fund (HFSF) was established as part of the measures agreed by the Eurozone ...