Yearly Archives: 2012

The problems in the Eurozone are significantly overshadowing even the dismal jobs report out of the U.S. and the Euro is under considerable pressure as a result. Continue reading →

The Australian Dollar moved lower against its U.S. counterpart following the release of PMI data from China which provided more evidence that their economy is slowing beyond the government’s intentions. Continue reading →

As Spain’s woes grow, the common currency Euro is set to post its largest drop against the U.S. Dollar in eight months. Bond yields on Spanish sovereign debt once again surged upward, striking a 6-month high and widening the differential between Spanish debt and German bunds. Continue reading →

The Euro struck a new 2-year low in Asian trading as investors’ concerns over rising borrowing costs for Spanish debt, and indeed, the Spanish banking system, are weighing significantly. Continue reading →

Even as Greek worries take a backstage, investor concerns over Spain’s banking system are keeping the Euro close to a 2-year low versus the U.S. Dollar, as yields at the most recent Spanish debt auction rose to near 6.5% for 10-year benchmark debt, edging closer to the 7.0% threshold which analysts consider unsustainable over the long term. Continue reading →