Tag: euro
EUR/USD Loses 1.14 Handle as Eurogroup Talks Yield No Results
The euro declined against its US counterpart Monday after Greek and Eurozone finance ministers were unable to reach an agreement about Greece’s bailout program,...
Greece, Troika Resume Talks Following Eurogroup Breakdown
Greece and its Troika of international lenders resumed talks on Friday after the Hellenic Republic failed to reach an agreement with its European partners...
EUR/USD Edges Higher Amid Greek Bailout Talks, Disappointing US Data
The EUR/USD advanced for a second consecutive day on Friday as Greece resumed talks with its Troika of creditors, while the US dollar continued...
EUR/USD Holds Ground as Political Tensions Escalate
The euro was little changed against the US dollar on Monday, trading above 1.13 cents US ahead of the European Union meetings in Brussels....
Dollarization Explained
Sometimes, too much volatility in a currency can cause economic problems for the countries connected with the currency. In most cases, volatility is harmful...
Euro Hits Four-Year High Against Yen as China Tensions Mount
The euro rallied to a four-year high against the yen, and a near one-month high against the dollar in early trading today, with investors...
Will France Ever Reform?
With stiff competition these days for the much contested title of the “Sick Man of Europe”, it is somewhat difficult to draw distinction between...
Dow at 16,000, ECB fixing their closet and everything across the...
Yes, the Dow Jones Industrial Average is closing in on the historical 16,000 level. There is actually a strong sentiment in Wall Street that...
Investors Trim Bearish Positions on Euro After Heavy Selloff
The recent moderate gains made by the euro were sustained in overnight trading, with traders trimming their bearish positions on the EUR/USD pairing after...
Saxo Launches Trading Insights White Papers
Leading online trading provider Saxo Capital Markets has launched a new eBook intended to help traders to improve their performance in what is becoming...
Myth of the European Economy
Contrary to much of the rhetoric in the mainstream media, the recently heralded “recovery” in Europe is at best a lazy, short-sighted analysis of...
#TradingDebates – The Reaction
Editorial Note: This is a guest post by Uriel Alvarado, Chief Marketing and Public Relations Officer, Saxo Markets.
On September 13 at Bloomberg’s European Headquarters,...
Turmoil in Italy and US Sends Safe Haven Currencies Soaring
Political turmoil in Italy and the US has sent investors flocking to safe haven currencies such as the yen and the Swiss franc this...
German Coalition Uncertainty Causes Euro to Dip
The euro dipped slightly this morning in the wake of continued uncertainty over Angela Merkel's future coalition partners. Merkel's CDU party scored a resounding...
The German Elections – How Will the Markets React?
In the aftermath of the US Federal Reserve's decision not to scale back its monetary stimulus programme, for the time being at least, all...
Dollar Index Stays Flat Ahead of Next Week’s Fed Meeting
Disappointing economic data from the euro zone caused the euro to fall this morning, with the news that industrial output contracted in July. Meanwhile,...
Yen Slumps as Russia Proposes Syria Crisis Solution
After rallying strongly last week amid rising tensions over the Syria issue, the safe-haven yen slumped to a three and a half month low...
Will German Elections Spell the End of the Euro?
Although much of the chatter on the currency trading scene of late has concerned the Federal Reserve's plans to scale back, or 'taper', their...