Monthly archive March, 2013

The continuation of the Italian political stalemate caused a rise in 5-year bond yields during a government sale today, and may also have been responsible for the Euro’s dip below 1.2800 against the US Dollar for the first time in Read More →

The British Pound looks to revised UK GDP figures to guide the outlook for BOE policy. The Euro eyes the outcome of an Italian bond sale to gauge debt crisis jitters. Talking Points British Pound Looks to 4Q GDP Revision to Guide Read More →

Dollar Unable to Capitalize on Euro, Yen Weakness Euro: Why Doesn’t the Risk of Region-wide Bank Levies Spur Selling? Japanese Yen Now Dependent on Risk Moves Before April 4 Australian Dollar: RBA Relents to Strong Currency British Pound Traders Should Look Closer at Osborne’s Read More →

Talking Points Euro: Cyprus to Face Deeper Recession, Capital Control for Weeks British Pound: U.K. Banks to Boost Capital, Retail Sales Slumps U.S. Dollar: Durable Goods, New Home Sales, Consumer Confidence on Tap Euro: Cyprus to Face Deeper Recession, Capital Control for Weeks The Euro Read More →

Cyprus is not a “tempest in a teapot,” as one might call it. Euro-zone leaders have been criticized for their handling of the Cypriot crisis, from the radical measure of a deposit levy set forth by core leadership, to the Read More →