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In light trading due to the Good Friday holiday, the Euro once again held close to a multi-month low against the greenback as investors consider the potential risks to the Eurozone banking system as a result of the controversial bailout terms for Cyprus and the growing uncertainty stemming from Italy’s political deadlock. Continue reading →

A new election may be called in Italy, which may impact the markets in more ways than one. Continue reading →

The Euro held close to a 4-month trough against the greenback after investors fears were ratcheted up a notch in the wake of the Cypriot bailout deal. The concern is that future bailout terms for other highly indebted Eurozone nations might include suc… Continue reading →

Investors became worried that the Cypriot bailout plan would set a dangerous precedent for other fiscally troubled Euro-zone nations and sold off their holdings in the Euro which sent the common currency to a 4-month low against its main rival, the U.S… Continue reading →

The Euro surged higher against the U.S. Dollar and Japanese Yen during Monday’s Asian trading session following the news that Cyprus had met the E.U.-imposed deadline and was able to hammer out details for a desperately needed bailout loan which could prevent a financial breakdown. Continue reading →