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World Bank: Global Economy to Shrink For First Time Since WWII

The World Bank recently stated that the global economy is likely to shrink for the first time since WWII. Trade will also decline, but by the most in 80…

New Zealand Dollar Threatened By Risk Aversion, Rate Decision

The New Zealand Dollar outperformed the other major currencies last week, adding 1.97% against its US counterpart. However, bullish momentum will meet…

Australian Dollar May Fall as Fundamental Headwinds Lie Ahead

The neutral policy stance taken on by the Reserve Bank of Australia this week has certainly increased the appeal of the higher-yielding currency however,…

Swiss Franc Direction May Be Determined By SNB Rate Decision

The Swiss Franc broke below the 20 and 100 Day SMA’s to end the week as the currency gained from broad based dollar weakness. However, the pair found support…

Japanese Yen’s Safe Haven Roll Reviewed As Sentiment Fails

What defines a safe haven currency? This is a questions that has been sidestepped many times by financial participants in the past. Back when conditions…

Euro On Edge As Eastern European Countries Threaten Renewed Crisis

The euro is at a fundamental and technical cross roads. In price action, the currency has taken to congestion that is on the verge of confirming a major…

The ICE Recieves The Go Ahead From The SEC To Clear Credit Default Swaps

The Intercontinental Exchange (ICE) cleared its last hurddle to begin clearing credit default swaps today after the Securities and Exchange Commission…

UK Government Reportedly Takes 75% Stake In Llyods

The UK government is the majority owner of yet another of Britain’s largest financial firms. After putting up 37 billion pounds just this past October…

Mounting Strains In Global Financial Markets Threaten To Topple Government’s Efforts To Revive Sentiment

Economic and financial conditions are worsening. And, despite the global effort to stabilize markets and revive growth, it is only a matter time before…