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Dollar Lower as Turn Around Tuesday Unfolds

Sterling’s seven day losing streak appears to be ending today with the help of a stronger than expected construction PMI.   The Nikkei’s 12-day …

Dollar Turns Mixed, Chinese Shares Tumble 

  The US dollar is mixed after making new multi-year highs against the yen near JPY124.30 in Asia, while month-end positioning appears to …

Dollar Gains Trimmed as New Incentives Awaited 

A light bout of profit-taking has seen yesterday’s strong dollar gains pared.  Yesterday, the Dollar Index rose 1.

Default Looms as Greece Debt Payment Due Yet Again

Greece is back in the news (has it ever left?) with a new debt payment looming and the ruling Syriza Party increasingly marked …

Dollar Heavy into the Weekend

  The US dollar had begun the week on a firm note, but those gains have been trimmed in the second half of …

Greece Says That It Will Default On June 5th, And Moody’s Warns Of A ‘Deposit Freeze’

The Greek government says that a “moment of truth” is coming on June 5th.  Either their lenders agree to give them more money …

The Eurozone Economy Picks Up Speed, Though Greece Remains Parked

Preliminary data released by the European Commission last week shows that the Eurozone grew by 0.4% in the first quarter of 2015 as …

Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?

  Do you remember what happened when Cyprus decided to defy the EU?  In the end, the entire banking system of the nation …

Greece and China: Risks Continue to Simmer

  By Brad McMillan Last week’s strong employment report settled what I saw as the major short-term risk here in the U.S.

30-day Countdown: Greece Taps €650M Emergency Reserves

When Monday’s Eurogroup meeting concluded without an agreement between Greece and its creditors, it should have been game over for Athens. With pensioners …

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