Posts published in November 2013

France Downgrade, ECB Rate Cut Weigh on Euro

Euro is struggling against the US dollar today, heading lower as the economic situation in the eurozone raises questions. Euro is also barely holding its own against the UK pound, struggling…

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US Dollar Surges With “Dectaper” on the Table

Today’s surprising payrolls report out of the United States is fueling speculation that the Federal Reserve could begin its taper as early as December. The latest report shows a surge in jobs, and that…

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Czech National Bank Intervenes to Weaken Koruna

The Czech koruna was soft today after yesterday’s announcement of the central bank about an intervention aiming at weakening the currency. The bank left its interest rates unchanged. The Czech National Bank left…

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