ecb

The European Central Bank (ECB) spent 22 billion euros on bond purchases last week, as part of the expanded SMP (Securities Market Program), according to Reuters reports.  The purchases exceed the previous record of 16.5 billion euros th... Go to http://SwingTradingDaily.com for full article,...

The European Central Bank (ECB) spent 22 billion euros on bond purchases last week, as part of the expanded SMP (Securities Market Program), according to Reuters reports.  The purchases exceed the previous record of 16.5 billion euros th... Go to http://SwingTradingDaily.com for full article,...

The euro is holding ground against the U.S. dollar on Tuesday as panic persists. Presently, the euro trades around $1.4190, or 0.28% above its previous close. At the same time, the Japanese yen has broken below the ¥110 mark once more. At the moment, the euro surrendered 0.32% of its value in today...

The euro rose against the U.S. dollar on Monday as the European Central Bank decided to start buying Spanish and Italian bonds. Presently, the euro is trading around $1.4345 against the greenback, or 0.46% above its previous close. At the same time, the euro is suffering against the Japanese yen,...

The euro has moved down to around the 1.425 level against the US dollar in the first hours of trade in Europe. Technicians see trend-line resistance at 1.4367 with support seen at 1.4183, according to India Forex. Economists expect the European Central Bank to keep its current base rate unchanged...

The euro lost some of its recent gains against the U.S. dollar on Wednesday, following a fall in Italy's business confidence. Presently, the euro is trading around $1.4483, or 0.19% below its previous close. At the same time, the euro's fall was much steeper against the Japanese yen as the European...

The euro slump seems nowhere near an end, as the European currency continued to shed value on Tuesday, as traders remain worried about Italy's ability to resolve its debt problems. At the moment, the euro sunk 1.26% to $1.3853 against the U.S. dollar. The euro's fall was even steeper against the...

This is your Benzinga news summary and traders' outlook for Thursday, June 30, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher and the U.S. dollar lower after Greece voted yesterday to cut...

It became necessary to destroy the periphery in order to save the core's banks William K. Black Gary O'Callaghan, a former IMF economist has written about his distress over what he views as the European Central Bank's (ECB's) destructive policies toward the periphery. http://www.independent.ie...

This is your Benzinga news summary and traders' outlook for Friday, June 10, 2011, covering headlines from overnight and Friday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading lower as traders take gains after the markets traded higher yesterday. The U.S...

This is your Benzinga news summary and traders' outlook for Thursday, June 9, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading higher as markets try to shake off pessimism about U.S. growth prospects....

This is your Benzinga news summary and trader's outlook for Monday, June 6, 2011, covering headlines from the weekend and Monday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are still trading slightly lower after Friday's disappointing employment data. The U.S....

This is your Benzinga news summary and trader's outlook for Thursday, June 2, 2011, covering headlines from last night and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are showing slight gains the morning after a shocking Wednesday on Wall Street where...

Give a man a fish, you feed him for a day. Teach a man to fish, you feed him for a lifetime. Loan a man a fish, and you enslave him forever. Europe can't seem to decide whether it wants to make money off Greece, minimize losses from Greece, or serve a humanitarian purpose and truly wipe the slate...