Why The Yen Rally May Not Last

The Japanese yen was hands down the best performing G10 currency in April, gaining about 3.3% against the dollar and 4.2% against the euro. It appeared to start the new month on a strong note, with the dollar falling to 2 month lows in…

Euro Zone News Stream Remains Negative

The string of developments has encouraged risk-off behavior. Equity markets are lower. Core bonds are higher. The high beta currencies, such as the freely traded emerging market currencies, the Australian and Canadian dollars, the euro,…

Dutch Government Collapses

Seven weeks of government negotiations in the Netherlands to agree on new austerity measures failed on Saturday suggesting the German-led program for Europe is about to take head of another government and this is on the eve of the first…

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