(eToro Blog) The countdown for Facebook’s IPO launch on the NASDAQ continues (T-minus 2 days and 3 hours, give or take a few minutes) and spoilsports are already practicing their “I-told-you-so” speech, ready to whip it out at the first sign that the social media giant won’t be able to raise the targeted $100 bill

The Chinese yuan weakened a little today as the crisis in Europe reduced attractiveness of emerging markets’ assets and as China’s central bank lowered reference rate.

New elections in Greece may be held as soon as June 10, adding to uncertainty about the situation in the European Union. China’s slowing growth also damp demand for the nation’s curr

(eToro Blog) With a new caretaker government ready to be installed there, it was not exactly business as usual in Greece; in a move that will likely infuriate sovereign bondholders, who agreed to take major haircuts on Greek debt, the Greek government (in its current inform) agreed to repay a €430 million bond w

(eToro Blog) Francois Hollande, the newly-inaugurated president of France, met with German Chancellor Angela Merkel yesterday for their first face-to-face encounter as elected heads of state. While austerity and growth issues are likely to eventually drive a wedge between the two, at the start of their

On May 14, 2012, MarketWatch featured an interesting article written by Jason O’Mahony discussing the possibility of a new economic model for the world. The heading to the article stated that “picking either unregulated capitalism or stifling socialism is a false choice.” O’Mahony: “Watching the US GOP on the right and

The Canadian dollar advanced today against the euro as the political turmoil in Greece made traders flee from the shared European currency. The loonie also rose a little versus the Japanese yen, but fell against the US dollar.

The current situation in Greece is a mixed blessing for the Canadian currency. Forex traders seek stable and safe curre

The Australian dollar gained today on speculation that its previous losses were excessive. The currency trimmed gains versus the Japanese yen and fell against the US dollar as fears of the European crisis returned to Forex traders.

FX traders felt risk appetite for a short time after a report showing growth of the German economy. The positive mood