by Tim Haberkorn This week marks a key juncture in the Greece debt debacle, and investors are optimistic that Greece do what it takes to receive a fresh rescue package. The euro moved higher ahead of a key confidence vote Tuesday, June 21, 2011, in parliament for Greek Prime Minister George Papandreou to clear the [...]

by Mario Maselli The euro currency rose to a six-month high against the U.S. dollar on Tuesday, October 5, but it’s certainly not because the economic situation in Europe has suddenly improved. I think the euro’s gains are likely short-lived. In the spring of 2010, when the Greek debt crisis began to unfold, the euro [...]

by Frank Pavilonis The Euro has seen a recent bounce, along with the U.S. stock market. However, I think the euro rally will fade given the still-shaky economic situation in the Eurozone. Overall, I think the trend is still bearish, but right now we are seeing a bit of a short squeeze. The debt crisis [...]

Once the currency of choice among moguls and supermodels, the euro is no longer in vogue. The debt crisis in the Eurozone pushed the euro to a four-year low versus the U.S. dollar, and it’s hard to find many market participants who feel the prospects for the eurozone and its single currency look bright—including our [...]

by Steve Kauppi The euro reached a new four-year low on Monday, May 17, 2010, and the June euro futures hit a new contract low after declining three percent last week. While many analysts believe the euro is getting oversold and could bounce, I don’t see a real bottom in sight just yet. The euro [...]

by Aaron Fennell News that Greece was in danger of defaulting on its sovereign debt created quite a stir in the markets back in February, and the contagion has now spread to other Eurozone countries, creating a renewed wave of investor panic. The big question now  is whether the latest troubles in Greece, Spain, and [...]