Ireland Announces, Euro Tumbles

The US dollar continues its rally with the largest movements against the euro as the market is clearly disappointed with the rescue package of Ireland. Despite a three year high increase in euro-zone confidence, the euro continues to…

Market Jitters Persist

The US dollar is up across the board as concerns about European peripherals festered and comments from North Korea fanned fears of further escalation on the peninsula. Despite the likely announcement of an €85bln rescue package for Ireland…

Waiting on the Irish Four-Year Plan

Highlights The US dollar is mostly lower, giving back most of yesterday’s gains versus the dollar bloc but still up versus the euro amid concerns over the European financial crisis. The euro suffered against a backdrop of protracted euro…

Dollar Ends Week on a Whimper

Highlights The US dollar is broadly lower in anticipation of a joint aid package for Ireland but experienced a quick jolt on the back of the China reserve hike news.  But as the markets digested the news, the hike in reserves is…

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