Euro is sinking right now, forced down by the political situation in the eurozone. Concerns about what’s next for the 17-nation currency zone are dragging down the euro as Forex traders look for safety, and choosing the US dollar and the Japanese yen instead.

Euro is struggling as the political situation in the eurozone deteriorates. For the most p

The South African rand dropped today to the three-week low after head of the national roads agency resigned, spurring talks that South Africa’s budget deficit will grow as the country will be required to repay debts of the agency.

The South African National Roads Agency (usually called Sanral) planned to start electronic tolling on 185 kilometers o

US dollar index is retaining its earlier modest gains today as risk aversion sets in. Concerns about the Greek drama playing out, as wells concerns about the state of the global economy, are weighing on riskier assets. Greenback is being sought as a safe haven, with the US dollar index likely to pick up steam.

Although the economic recovery

The Great Britain pound dropped today house price balance fell last month more than was predicted by analysts, spurring speculation that additional stimulus from the Bank of England should be expected.

The Housing Market Survey of Royal Institution of Chartered Surveyors showed that the house price balance fell from -11 in March to -19%. That me

(eToro Blog) Despite investors worried over the European debacle, Wall Street managed to escape the worst of the drama yesterday with the NASDAQ and S&P500 eking out small gains of 0.05% and 0.04%, respectively; only the DJIA closed fractionally lower. Records will show that both the NASDAQ and S&P500

(eToro Blog) In the wake of a governmental shake up in several Eurozone countries escalating uncertainty continued the several days long downtrend and pushed oil prices lower still. Brent crude, at least, managed to recovery slightly and was holding above $113 per barrel. However, the price of Nymex-traded WTI oil

(eToro Blog) In the wake of a governmental shake up in several Eurozone countries escalating uncertainty continued the several days long downtrend and pushed oil prices lower still. Brent crude, at least, managed to recovery slightly and was holding above $113 per barrel. However, the price of Nymex-traded WTI oil