European leaders will seek to restore market calm this week
Good Morning, – The U.S. dollar stayed under pressure on Monday in the wake of disappointing first-quarter U.S economic growth,…
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Standard & Poor’s cut its credit rating on Spain by two notches
Good Morning, -The USD rallied overnight. It stared in New York on S+P’s downgrade of Spain and continued with BOJ’s…
Fed Chairman Ben S. Bernanke is signaling that further Federal Reserve stimulus is unlikely unless the economy unexpectedly deteriorates
Good Morning , – Fed Chairman Ben S. Bernanke is signaling that further Federal Reserve stimulus is unlikely unless the…
Bundesbank President Jens Weidmann defended the European Central Bank’s strategy
Good Morning , – FX traded in narrow ranges overnight but with risk- and commodity currencies leading the market. Key…
ECB Weidmann said Monetary policy is not a panacea and central bank firepower is not unlimited
Good Morning , – The Aussie is weaker across the board, following a lower than expected CPI which should pave…
ECB Draghi said Italy and Spain have done “remarkable work” in reforming their economies
Good Morning , -Currencies traded in narrow ranges by begin of the week in Asia, the USD is overall a…