Yesterday's 25 basis point rate hike by the US Fed was not exactly a surprise, yet the Fed's move clearly wasn't fully baked into the currency markets. Since the rate move the benchmark EURUSD has dropped by nearly 2% from the 1.065 range to below 1.05. It now looks like we may be heading toward…
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Markets now fear that the economic reform Italy needs has just become much harder.
Read moreA good portion of the investing world will continue to follow the fallout from Friday's ISIS terrorist attacks in Paris for the coming days and weeks, especially if EU governments ramp up their commitments to a real ground war on ISIS. That, of course, remains to be seen. But in the near term, the financial…
Read moreThe horrible attacks orchestrated and carried out by ISIS in Paris on Friday night shook not just the French Capital, but people around the free world. And as the world's financial markets continued to function after having the weekend to digest the news, there was quite an amount of concern that the markets would be…
Read moreHere we go again. Euro-Dollar parity prophets have been strengthened over the past two weeks, as the Euro has dropped in value versus the US dollar. After hovering at around 1.15 on October 14, the past two weeks have seen a steady slide in the Euro's value. The EURUSD dropped more than 1% on Wednesday, falling below…
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