Sign into fxTrade

Don't have an account? Register now

No EURO Freeze just Squeeze

A Greek deal is almost here again, maybe tomorrow or Friday or next week! It’s like dealing with an adolescent teen and their irreverent actions. Accountability and big picture politics do not seem to be included in the Greek decision process, otherwise there would be a greater sense of urgency and unity rather than domestic discord and non decisions. Despite all this, the hint, the potential, the wanting has the EUR bid over the past two sessions, allowing it to [...] read more

EUR Roundup

Posted by Staff at 6:15 am UTC, 02/08/2012
Posted by Staff at 8:37 am UTC, 02/07/2012
Posted by Staff at 8:31 am UTC, 02/07/2012
Posted by Dean Popplewell at 6:29 am UTC, 02/07/2012
Posted by Staff at 6:22 am UTC, 02/07/2012

Forex Insights »

Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 8:49 am UTC, 02/08/2012
Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 8:47 am UTC, 02/08/2012
Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 8:46 am UTC, 02/08/2012
Posted under USD, EUR, GBP, CHF, JPY, AUD, CAD at 8:45 am UTC, 02/08/2012
EUR/USD :

EU EUR/USD : Based on daily OANDA Rates®, the touchstone foreign exchange rates used by corporations, tax authorities, auditing firms, and financial institutions. These filtered rates are based on information supplied by leading market data contributors.

Central Bank Watch »

Three Explanations for the ECB position on Greek Debt Restructuring

Posted by Alfonso Esparza 1:46 pm UTC, 02/06/2012

  Joseph Stiglitz over at The Guardian writes three possible explanations for why the European Central Bank is pushing for a 50% voluntary cut, that will not be considered a “Credit Event” so no insurance will be paid out. 1. ECB knows/suspects that the affected banks have not bought insurance. 2. ECB fears that the lack of transparency could make an involuntary default lead to a credit market freeze (think Lehman in 2008). 3. ECB is trying to protect the insurers.   He argues that number [...] read more

Economic Exposure »

China to Play the Eurozone’s White Knight?

Posted by Scott Boyd 4:27 pm UTC, 02/02/2012

Since the early days of the Eurozone debt crisis, insiders have identified China and its $3.2 trillion in foreign reserves as a potential contributor to a Eurozone bailout fund. Today, Premier Wen Jiabao gave markets reason to believe this may yet be the case when Wen suggested that China is considering the options for how it may contribute to keeping the Eurozone together. The original European Financial Stability Fund (EFSF) is scheduled to be superseded by the European Stability Mechanism (ESM) [...] read more

Latest Articles

Posted by Dean Popplewell at 6:23 am UTC, 02/08/2012
Posted by Staff at 6:15 am UTC, 02/08/2012
Posted by Staff at 8:37 am UTC, 02/07/2012
February
8
Today’s Global
Market Events
8:15 am

CAD
Housing Starts
Actual +198k
10:30 am

USD
Crude Oil Inventories
2.9M vs. 4.2M
10:40 am

USD
FOMC Member Williams Speaks
4:45 pm

NZD
Employment Change q/q
0.4% vs. 0.2%
NZD
Unemployment Rate
6.5% vs. 6.6%
6:50 pm

JPY
Core Machinery Orders m/m
-4.6% vs. 14.8%
JPY
M2 Money Stock y/y
3.1% vs. 3.1%
8:30 pm

CNY
CPI y/y
4.0% vs. 4.1%
CNY
PPI y/y
0.8% vs. 1.7%