Barney Singer, head of emerging market FX trading at Nomura, says despite a bearish outlook on China, the Aussie dollar is likely to move higher as the country's economy looks strong.
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Trading at a four-year low and suffering its worst week since last June, the Canadian dollar has come under pressure against a basket of G10 currencies.
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The dollar index will likely extend its slide this week on expectations that top Federal Reserve policymakers believe it's still too early to taper.
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Stock markets rallied significantly on Wednesday following a joint statement from Angela Merkel and Nicolas Sarkozy on defending Greece and such political action could pose a big threat to stock bears, according to Philippe Gijsels, the head of research at BNP Paribas Fortis Capital Markets in...
A 15-day short selling ban , which will be implemented on Friday morning across several European countries, has attracted opprobrium from market participants, who see the restrictions as a superficial move that will do little to solve the underlying problems of the euro zone and stop**market...
With many investors still in their bunkers, bulls are emerging to duke it out with bears for control of a stock market that still feels a bit bumpy.
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Europe's looming debt crisis, and U.S. economic fears sent markets lower today. How should investors position themselves in these uncertain times? Tony Dwyer, Collins Stewart, and Robert Froehlich, The Hartford weigh in.
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