Euro/dollar had a fantastic week, rising on fresh hope for Greece and from a weaker dollar, courtesy of Ben Bernanke. The upcoming week starts with an important summit and is packed with economic indicators. Here is an outlook for the weeks events, and an updated technical analysis for EUR/USD. … read full news Published: Mon,… »
Greek Prime Minister Lucas Papademos met leaders of political parties in his coalition on Sunday to persuade them to back painful reforms demanded by the near-bankrupt country’s foreign lenders. Now that Greece is close to clinching a long-awaited debt swap deal with private bondholders, attentio…… »
While over the past 2 days there may have been some confusion as to who, what, how or where is demanding that Greece abdicate fiscal sovereignty (with some of our German readers supposedly insulted by the suggestion that this idea originated in Berlin, and specifically… »
While over the past 2 days there may have been some confusion as to who, what, how or where is demanding that Greece abdicate fiscal sovereignty (with some of our… »
 Technical Update 29.1.2012 Engulfing Candle Triggers Lower.jpg)
The dollar index bearish engulfing candle we highlighted last week has triggered strongly to the downside. This weekly timeframe candle came after the previous week printed a doji an earlier… »
The first part of the week will inevitably be dominated by Mondays EU Summit and continuing talks surrounding the Greek debt-restructuring deal. There has been a significant shift in tone… »
Filing into Davos’s grand conference hall on Thursday afternoon, delegates to the World Economic Forum (WEF) were accompanied by some loud, mournful music and a slideshow on the big screens… »
The US dollar made a big retreat for a second week in a row. Will it continue falling? The Non-Farm Payrolls release is the highlight of a very busy week,… »
German Chancellor Angela Merkel is so concerned that a shift to the left in France after the upcoming French election could derail the German-led austerity drive in Europe that she… »
When the first revision of the second Greek bailout to the tidy round number of 130 billion was announced, we scoffed, mockingly. Because a country which then had a 7%… »
With the country on the brink of a default, Christine Lagarde, the director general of the IMF, said that a new “fiscal compact” was set to be signed by European… »
This report provides an update on where inflation is tracking in countries where the central bank has an inflation target. Central Bank News has compiled a table of countries/central banks… »