EURO Weight on Germany too heavy?

The market has already been forewarned that there will be no political end to the Euro-zone crisis from today’s tete-a-tete between Merkel and Sarkozy. Even with German officials insisting that Eurobonds were not on the agenda, a reluctant Chancellor may have to accept that there...

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What to expect from Ben and the FOMC?

Despite the ECB having made good on its promise to tackle the Euro-zone debt crisis by widening its bond-buying program to include paper from Spain and Italy, the move so far is not enough to allay investors deep concerns, as seen by another night of...

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European Central Bank must go nuclear to save Europe

via telegraph.feedsportal.com Interesting pennant pattern forming on daily eurusd chart but euro managing to find a base against Swiss Franc & Japanese Yen. Also finding some traction against the British Pound – so once volatility has subsided we should be able to profit from some...

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Dollar Falls Following U.S. Credit Downgrade

In the wake of Friday’s move by Standard & Poor’s dropping The U.S. credit rating from the top triple-A level, the U.S. dollar has dropped against most of the major currencies. In early morning trading in New York the buck was down 2.5 percent to...

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What’s a Swiss central bank to do?

As has been well documented, the Swiss franc’s relentless rise has been causing no end of headaches. Swiss exporters, Swiss banks and even Polish and Hungarian mortgage holders have all been affected. The Swiss National Bank, meanwhile, is stuck between a rock and a hard...

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EURO-Too Big to Fail or Too Big to Bail?

The massive contagion from the small periphery to the big bond markets of Italy and Spain has turned into ‘the’ real problem for policy makers. This is what happens when you treat the symptoms and not the cause. All along the Eurozone has needed strong...

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