Browsing Tag

Ireland

Euro Erosion

Irish woes appear to be the main culprit dragging the euro down to its lowest level since Oct 20.  A break of the $1.3650-80 area could signal another two cent decline in the coming days. The flight into German bunds for safety is…

Stress and Contagion Return To Europe

by Win Thin Greece has the worst performing bonds in the euro zone, with 10-year spreads to Germany blowing out 80 bp this week and 136 bp this month.  It retakes the worst-performing mantle from Ireland, whose 10-year spreads are up…

Next Up – BoE and ECB

Highlights The dollar weakness after the FOMC gave way to a pretty steady and small trading range through the Asian session.  But the dollar experienced a sharp selloff in the European session as investors further increased their…

Cash is King

by Claus Vistesen: Hull It is not that I don't enjoy a good old bull/Teflon run as much as the next guy but just to provide some form of balance to the current QEeasy Money Hymn I almost choked on my oatmeal earlier this week when I loaded…

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