The Euro is under pressure this week. On March 8th, Greece’s private investors will decide whether or not to accept a bond swap that could help prevent Greece from a messy default. If investors agree to this swap, they will [...]

The credit agency, Moody’s, has decided to cut the credit ratings of six countries within the Eurozone: Italy, Spain, Portugal, Malta, Slovakia and Slovenia. In addition, it also warned of a possible downgrade for three countries with AAA credit ratings: [...]

Today, the Euro slipped against the US Dollar after Greece coalition parties failed to approve the bailout package from the Eurozone and International Monetary Fund (IMF). The proposed bailout package includes 130 billion euros ($170 billion) and drastic reform policies [...]

The U.S. manufacturing index rose to 53.9 in December — the highest its been since June 2011. The positive data showed signs that manufacturing in the US was expanding. Forex traders reacted to the news and bought riskier currencies causing [...]

In recent weeks, Eurozone nations have taken preventative measures to keep their debt crisis from escalating. Just last week, the European Central Bank (ECB) lent 489 billion euros to banks to keep cash flowing into Eurozone nations. Today, Italy auctioned off [...]

As fears continue to grow surrounding the possible default of Greece and the likeliness of a global recession, global financial markets continue to be volatile. On Friday, September 30th, US stock markets finished its worst quarter since 2008. The Dow [...]