Fundamental Analysis

Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

The greenback consolidated within its recent ranges overnight with the dollar index reaching its strongest levels in two years. Stocks and commodities are marginally higher, extending yesterday's late-day gains on increased hopes that European leaders will come together in an effort to backstop the region's fledgling economies.

6:25 pm | Union Bank of California

Euro Struggles As EU Summit Disappoints, Sterling Carving Higher Low?

The EU Summit failed to prop up the Euro amid the ongoing rift within the group, and we may see European officials continue to act in their own interest as the anti-austerity movement gathers pace. As French President Francois Hollande and Italian Prime Minister Mario Monti press for increased integ...

By David Song | 3:02 pm | DailyFX

EuroCrisis Update: Possible Outcomes

The EuroCrisis continues and several possible outcomes have emerged according to Economist Shayne Heffernan. 1. Europe finds the money for a real bail out of Greece, Spain, Italy, Portugal, for now this seems unlikely. 2.

By Shayne Heffernan | 2:02 pm | LiveTradingNews

Euro Falls to 21-Month Low on Greek Worries

The common currency was punished overnight as sentiment regarding Greece turned from bad to worse.

By David Starkey, Senior FX Trader | 1:27 pm | iMoneywire

EU Morning Report- Greek exit fears weigh, gold bounces epically

The euro (EUR) dropped to a 22-month low falling to 1.2545 from 1.2686 against the US dollar on a heightened risk aversion in the markets.

By Easy-Forex | 7:28 am | Easy Forex

EU Morning Report- Greek exit fears weigh, gold bounces epically

The euro (EUR) dropped to a 22-month low falling to 1.2545 from 1.2686 against the US dollar on a heightened risk aversion in the markets. Concerns that Greece may face a damaging default and a messy exit from the eurozone weighed on the single currency after talks said that Eurogroup was asked to.

By Easy-Forex | 7:56 am | Easy Forex

EU Morning Report- Japan policy on hold, eyes on BoE minutes

The euro (EUR) dropped near a 21-month low falling to 1.2645 from 1.2814 against the US dollar as risk aversion dominates the markets.

By Easy-Forex | May 23 | Easy Forex

EU Morning Report- Euro rebounds, focus on the UK inflation

The euro (EUR) edged higher to 1.2824 rebounding from 1.2724 against the US dollar on hopes that EU leaders will agree on steps to fight the debt crisis in Europe.

By Easy-Forex | May 22 | Easy Forex

Romney, Obama and the Economy

Voters were evenly divided between Republican Presidential candidate Mitt Romney and US President Barack Obama, a Democrat on handling the economy, the top concern of voters, according to a new poll published Tuesday. A survey conducted by The Washington Post and ABC News Thursday through Sunday showed that the Democratic incumbent and his Republican challenger were tied at 47% on the US economy.

By Paul A. Ebeling, Jnr. | May 23 | LiveTradingNews

The Real Crash

I first came to national attention back in 2008 and 2009 when the housing and credit markets imploded. I became known as the guy that other market "experts" laughed at when I warned of trouble brewing in the seemingly indestructible American economy.

By Peter Schiff | May 23 | Euro Pacific Capital

Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

The dollar is sharply stronger this morning, gaining against all of its major counterparts other than the JPY on a fresh wave of risk aversion. Stocks and commodities are both beginning the day deep in the red on renewed concerns that the ongoing debt crisis in Europe could weigh on the broader global economy.

May 23 | Union Bank of California