U.S. markets are closed on Monday for Memorial Day which for most Americans means the unofficial beginning of summer. After the month that we have had in the currency and equity markets, rest and relaxation ...

There has been no shortage of volatility in the currency market over the past 12 hours. The EUR/USD fell to a fresh 22 month low of 1.2516 at the start of the European trading session but by the time North ...

Over the past month the euro lost more than 5 percent of its value against the U.S. dollar. During this time, the German DAX fell more than 7 percent and the CAC more than 8 percent.

Risk FX continues to perform poorly this morning with the euro, Australian and New Zealand dollars falling to new year to date lows against the greenback. The lack of fresh news flow from Greece is giving ...

It has been an extremely volatile day in the financial markets. Currencies weakened across the board with the euro easily taking out its year to date low against the U.S. dollar. Stocks also sold off but ...

With 24 hours to go before the EU Summit and headline risk to pressure currencies, the U.S. dollar is performing extremely well this morning. The greenback strengthened against all of the major currencies ...

Investors dumped euros ahead of Wednesday’s European Union summit. After rallying for 2 consecutive trading days, the euro failed to sustain its gains which tell us that investors do not expect much from ...

After last week's blood bath in the currency and equity markets, the lack of high profile meetings or major event risk on the calendar this w

For the second time this month, the euro ended the North American trading session higher against the U.S. dollar.

The excitement of Facebook's IPO this morning overshadowed the market's ongoing concerns about Europe. The euro recovered all of its losses against the U.S. dollar overnight and is now higher against the ...

It has been an extremely tough week for the EUR/USD. On Monday, one euro was worth 1.29 U.S. dollars and during the early European trading session, the value of one euro dropped to as low as 1.2641. The ...

A very quiet night of trade in the currency market due to Ascension day holiday in Continental Europe with EUR/USD consolidating its recent losses while cable saw more selling pressure on some dovish comments ...

The selloff in risk FX continued in overnight European trade with EUR/USD plumbing fresh lows below the 1.2700 figure while cable dropped through the 1.5900 barrier in the wake of a dovish BOE inflation ...

UK unemployment surprised to the upside with claimant count dropping by -13,700 versus forecasts of 4,900 gain. The unemployment rate dropped to 8.2% from 8.3% the month prior. This was the fastest pace ...

Risk FX was mildly firmer in overnight European trade today boosted by better than expected GDP data from Germany although investor sentiment in the region deteriorated. German Q1 GDP surprised to the ...

German Q1 GDP surprised to the upside printing at 0.5% versus 0.1% eyed as it helped ot lift EUR/USD above the 1.2850 level in early morning European trade. In calendar-adjusted terms, economic activity ...

Risk FX currencies opened lower and continued to tumble at the start of week’s trade today as concerns over the prospect of Greek exit from the Eurozone mounted. Greek politicians were unable to come to ...

Risk currencies opened lower in Asian session trade as concerns over possible exit of Greece intensified over the weekend. Greek politicians were unable to reach a deal to form a workable coalition government ...

Over the past 12 hours, we have seen very little consistency in the performance of the U.S. dollar which is unchanged against the EUR, JPY and CHF, higher against the GBP and AUD and lower against the ...

After plumbing fresh lows in Asian session trade risk FX bounced in midmorning European dealing on speculation that Greece may cobble together a working coalition government without resorting to another ...

Weak Chinese economic data and a massive unexpected loss from JP Morgan kept risk FX under pressure in Asian and early European trade with EUR/USD coming within a few points of the 1.2900 barrier while ...

After eight straight days of weakness, the EUR/USD is finally getting some relief. Risk appetite stabilized overnight, helping to lift currencies such as the euro up against the dollar. No news was good ...

A quiet night of consolidation in the currency market today with EUR/USD steady at 1.2950 level as markets continue to wait for resolution of the Greek parliamentary elections. Euro zone governments kept ...

After obsessing about Greece for most of the week, there is finally some fresh and important data to draw our attention away from the country’s political drama. Even though this distraction will only be ...

Australian employment hit its lowest level in a year sending Aussie above the 1.0100 level in Asian session trade. The economy surprised to the upside adding 15.5K new jobs versus forecasts of a decline ...

Its been 8 days since the euro has rallied against the U.S. dollar. To put this into perspective, it is the longest stretch of weakness since October 2008, when we were knee deep in the global financial ...

Risk FX remained under pressure in morning European trade today as yields on Spanish debt rose above the 6% and Greece saw no progress on creating a workable majority government for its Parliament. The ...

After four failed attempts over the past 3 months to close below 1.30, the EUR/USD finally did it. Continued concerns about Greece and renewed fears of funding problems for Spain drove the currency pair ...

German exports and imports rose in March to their highest levels on record, widening the country's current account surplus as the Trade Balance printed slightly above expectation at 13.7 B vs. 13.4B eyed. ...

There may be no U.S. economic data on the calendar today but with London traders back from their 3 day weekend and Greek leaders questioning the viability of the bailout accord, volatility has returned. ...

Risk FX was under pressure in listless event free European trade as uncertainties surrounding both Greek and French election results weighed on investor sentiment pushing euro, cable and Aussie lower as ...

For the past 7 trading days, the euro either held steady or weakened against the U.S. dollar. With the Greek political situation still in flux, euro bulls have seen very little relief.

Australian Trade deficit widened to its biggest level in more than 2 ½ years as a rise in imports overshadowed gains in exports primarily from the mining industry. The Trade deficit increased to -1.578 ...

With no U.S. economic data on the calendar and U.K. markets closed for a holiday, it was suppose to be a quiet trading day. Unfortunately over the weekend,

Risk aversion fears swept the currency market at the start of week’s trade in the wake of French and Greek elections that signaled voters in EU are beginning to rebel against the harsh austerity measures ...

The big focus today was on the euro and this weekend’s political developments which brought us more questions than answers. Political uncertainty is never good for a country’s currency and in the case ...

Australian Retail Sales suprised to the upside rising at their best rate in nearly a year in March helping to stabilize the AUD/USD as expectation of another rate cut by the RBA eased. Australian Retail ...

According to the latest labor market report, job growth in the U.S. economy slowed materially last month. Given the overwhelming evidence of weaker labor market conditions leading into NFPs, the downside ...

Currencies were in their typical pre-NFP stall in quiet European trade with liquidity further hampered by the fact that today was the end of Golden Week holidays in Asia. Nevertheless mild risk aversion ...

Currencies and equities traded sharply lower today on the back of weaker non-farm payrolls. The U.S. dollar initially sold off against all of the major currencies but after the stock market opened for ...

Final EZ PMI services printed even worse than the original flash estimate at 46.9 versus 47.9 putting further downward pressure on the euro at the start of morning European trade. The downturn in services ...

The European Central Bank’s monetary policy announcement was the main focus this morning and rightly so since the surprise lack of dovishness from Draghi sent the EUR

Mario Draghi surprised the currency market by assuming a decidedly hawkish posture at the monthly ECB press conference dismissing any speculation of an imminent rate cut or even an additional LTRO. The ...

With Tokyo markets closed in continuation of Golden week, currencies were relatively quiet ahead in Asian and early European morning trade with EUR/USD slightly lower in the wake of Spanish bond auctions ...

The U.S. dollar traded higher against most of the major currencies ahead of the monthly non-farm payrolls report. Most economists expect job growth to improve, which is hard for many to believe considering ...

Currencies and equities are trading lower this morning following weaker data from the U.S. and Europe. The next

Euro was battered in early European dealing today as EZ unemployment hit its highest levels since the union was formed. The pair tumbled through the 1.3150 level by mid-morning European trade after worse ...

Over the past month, many central banks around the world have taken fresh steps to ease monetary policy. Their main reason has been the global uncertainty stemming from Europe.