Oversold Euro, Oversold Markets
The euro (FXE) is currently trading at almost 4-year lows of $1.19. Though I agree that the euro region countries have some issues, at ...

Market Update, and the $24 Billion Medicaid Aid to States Debate
The euro is up slightly to 1.1944 dollars. The TED spread increased to 43.24 (a measure of credit stress). This TED spread has been inc...

Estonia to become 17th country to join euro zone
The Baltic republic of Estonia has been given the go ahead to adopt the euro on 1 January 2011 and will become the euro zone s 17th m...

German Exporters Set to Benefit From Falling Euro
The US dollar has strengthened against the euro in the past few months, and the euro trades at 1.19 to the dollar today. In 2008, the e...

Burger King Faces FX Headwinds
Burger King Holdings Inc. (BKC) expects unfavorable foreign exchange rates, primarily related to the Euro and British Pound, to cut e...

Fitch warns of formidable challenge for UK
Credit rating agency Fitch today warned that the UK needs a more ambitious deficit reduction plan, in view of the events in the euro zo...

Asian shares recover after Fed comments
Federal Reserve Chairman Ben Bernanke yesterday allayed investor fears after saying the US economy appeared to have enough momentum to ...

Bernanke: Economy won't feel terrific
From Sewell Chan at the NY Times: Bernanke Forecasts a Fitful Recovery My best guess is that we ll have a continued recovery, but ...

Asian Tech Stock Weekly Review (May 31 - June 6)
JapanHardware Sony Corp. (SNE) plans to enter Japan's electronic book market by the end of this year, after deciding to pull out of t...