China markets closed second day, Hong Kong shut for holiday Japan equities erase loss; yen gains while rand extends slide Asian equities were mixed in thin trading while the ... Read More
Euro to Dollar exchange rate: 0.8516, down a quarter of a percent Euro to Pound exchange rate: 1.0638, down a quarter of a percent The Euro was seen edging ... Read More
Malice in Wonderland Recently, I was quietly reading in my armchair, eyes closing and trying to stay awake, and the next moment I was falling down a rabbit hole. ... Read More
Both Fed Chair Janet Yellen and ECB President Mario Draghi are making public appearances, but they have little to show for regarding EUR/USD movements. Yellen is testifying in Washington, but the topic ... Read More
The European Central Bank held key interest rates at historic lows Thursday, but made no announcement regarding Greece despite speculation it may offer a helping hand to its cash-strapped ... Read More
Lending program can lock in ultra-low rates until next decade ECB action provides rebuttal to doubts over central bank power Whether Mario Draghi’s latest barrage of stimulus works or ... Read More
Some 61% of respondents in Bloomberg survey see more stimulus Raising monthly QE amount, deposit-rate cut seen among options Mario Draghi may have to up the ante, and he ... Read More
As eurozone finance ministers converge in Brussels on Wednesday to further assess Greece’s economic proposals in a bid to move toward a deal, Prime Minister Alexis Tsipras is to ... Read More
Mario Draghi is about to find out just how urgent his call for action has become. One week after the European Central Bank president vowed to revive inflation “as ... Read More
The euro was near a two-year low versus the dollar before a German report that economists said will show business confidence declined for a seventh month. The shared currency ... Read More
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