(eToro Blog) Two major events are going to occur tomorrow in the Eurozone, both of which will have a major impact on the Euro, as well as the European bourses and later perhaps Wall Street, depending on how long sentiment endures. Specifically, the ECB will announce the terms of the latest LTRO, and demand

Canadian dollar dropped earlier in trading as the news about US retail data caused a general pull back for riskier currencies. Since the United States is a major trading partner, the news about retail sales was a bit of a blow for the loonie. However, some of the losses have been pared as oil prices top $101 a barrel and as the ZEW shows hope for 

A bit of uncertainty has appeared in the financial markets, and that is helping the US dollar gain today against other currencies. Even though the spread between the three-month dollar Libor and overnight index swaps narrowed, there are still indications of stress in the markets. Uncertainty about the eurozone remains, and concerns about US retail

The Great Britain pound fell against the US dollar, though held versus the Japanese yen, after inflation slowed last month and Moody’s said that the nation’s credit rating is in danger of downgrade.

Britain’s annual inflation was 3.6 percent in January, matching forecasts, while it was 4.2 percent in the previous month. Moody’s Investor Service lef

The euro rebounded today after Italy sold maximum amount of its bonds on today’s auction, easing worries about the credit crisis in the European Union that reemerged after Moody’s cut credit ratings of several European countries.

Italy sold €4 billion of securities that mature in 2014, reaching its target. Yield dropped from 4.83 percent on 

(eToro Blog)  Late yesterday Moody’s Investor Service announced that they were cutting the debt ratings of several Eurozone countries, including most notably Italy, Portugal and Spain. Moody’s also said, citing the debt crisis, that it might also consider a downgrade to Austria, the U.K. and France. The Mood

(eToro Blog) Earlier today, the Bank of Japan unexpectedly intervened in the rise of the Japanese Yen, essentially pulling out all of its big guns, which sent the Japanese Yen, against all of its major crosses, lower. Though an intervention had generally been speculated about and anticipated over the past