Mario Draghi's bottomless pit
As the bond rates turn negative, and the Euro continues to devalue, Societe Generale tells the ECB that "The universe of buyable bonds is melting like snow in the spring sun.”
Read moreAs the bond rates turn negative, and the Euro continues to devalue, Societe Generale tells the ECB that "The universe of buyable bonds is melting like snow in the spring sun.”
Read moreThe Euro is almost aligned in value with the dollar, however with the US remaining stable and the future of the EU under the microscope, will further declines in value and market volatility prevail?
Read moreFXTM Chief Market Analyst Jameel Ahmad explains how the Greek economic crisis has affected the value of the Euro in a very short space of time, analyzing specific events
Read moreIn the wake of European market turmoil, exchanges and venues in Japan, China and Hong Kong, with the backing of global regulators, are busily adding products to their ranges which aim to attract European, Middle Eastern and American retail and institutional traders to increasingly strong markets. LeapRate takes a detailed look at the developments
Read moreA press conference following Eurogroup talks has just concluded, with what was initially dubbed as meager speculation now officially confirmed – an accord has been reached among eurozone finance ministers to extend the rescue programme for indebted Greece. Christine Lagarde, managing director of the International Monetary Fund, commented on the terms of the agreement, shedding light on…
Read moreThe eurozone currency managed to recover some losses this evening amid reports that a preliminary agreement was reached during talks of Eurogroup members on a Greek deal. Bloomberg quoted a Greek government official saying that an agreement might have been reached today and the deal would see the Greek rescue program extended beyond the end of…
Read moreAs the anti-austerity Syriza party enters office in Greece, it becomes ever clearer that the debt which the nation faces will never be repaid, calling into question the future of the eurozone even further, and placing increased doubt over the value of the single currency
Read moreThe pan-European currency approached an 11-year low as Mr. Draghi’s quantative easing measures exceeded a proposal the ECB was said to have considered for 50 billion euros a month. Euro drops in value after announcement
Read moreAs the Swiss Franc true market value is being unleashed after the 1.20 euro peg dropped, spreads are whipsawing from liquidity providers anywhere from 50-100 pips in volatile trade
Read moreWeekly volumes in the franc against both the euro and dollar are above the 90th percentile relative to the past five years, Deutsche Bank AG strategists Daniel Brehon and Nicholas Weng wrote in a report yesterday
Read more