Germany

It has been a bumpy ride for the euro in the past few days as the European currency would suffer big losses one day and recover them the next day. Thursday seems to be the day for recovering losses as the euro strengthened 0.52% against the U.S. dollar to trade around $1.4251. At the same time, the...

The euro retreated against its main rivals on Wednesday as French manufacturing output tumbles. Presently, the euro trades around $1.4354, or 0.15% below its previous close. At the same time, the euro continues to fall against the Japanese yen. Last week, the Bank of Japan intervened in the markets...

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 edged higher against the U.S. dollar on Thursday as Germany's economy continued to show signs of strength. At the moment, the euro rose 0.08% against the U.S. dollar to trade around $1.4381. At the same time, the Japanese yen proved too strong for the euro as the European currency...

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 suffered heavy losses on Monday, as debt fears moved from Greece to Italy, the Eurozone's third largest economy. At the moment, the euro lost 0.764% of its value to trade around $1.4155. At the same time, the euro suffered smaller losses against the Japanese yen, falling 0.625% to ¥114.32...

Germany's highest court has begun hearing a challenge to the bailout agreements the country made with struggling Euro Zone member states, according to Reuters. Ruling conservative politicians have argued that the bailout goes against the German constitution. While it isn't likely that the...

By now, we know the French and German banks that have Greek debt exposure, and those banks have been hit hard, with their stocks suffering, and their CDS spreads rising. Now we finally get a cumulative look at the U.S. banking sector's exposure to Greek debt, and it is not pretty. According to...

Reports say the German government is pushing to delay the second round of Greek bailouts until the end of the summer, but with riots increasing in intensity, it seems unlikely that the Greeks can wait that long. A delay might lead to Greece defaulting or exiting from the Eurozone. German...

On Tuesday, an emergency meeting of euro finance chiefs failed to produce a plan for a privately financed Greek bailout, Bloomberg reported. Over the past several weeks, European politicians—particularly French President Nicolas Sarkozy and German Chancellor Angela Merkel—have been indicating that...

German Parliament voted in favor of approving another bailout for Greece Friday, supporting Finance Minister Wolfgang Schaeuble's request that private creditors share the burden of any potential loss. Schaeuble has argued that Greece should refinance its current bonds for bonds with longer...

I spoke with Peter Zeihan, Vice President of Analysis at the global intelligence company STRATFOR, regarding Germany's ban of nuclear power plants which was instituted last week. Besides presenting a major opportunity for several of the world's largest energy suppliers (the specifics of which are...

Germany's illogical but politically popular ban of nuclear power within its borders has opened up a considerable gap in the energy supply, as nuclear power has recently provided about a third of the country's power. I spoke with Andreas Franke, associate editor of the Platts European Power Daily,...

If Sony (NYSE: SNE) could go back in time and re-market The Social Network with current information, the film's tagline would have read, “You can't make 700 million friends without making a few enemies.” That's right Facebook users, Business Insider reports that the social network that everyone...

Germany's chancellor rejected the possibility of restructuring the debt of any member of the European Union, indicating yet another bump in the rode for the Mediterranean country. According to a Financial Times report, "On the day that European Union finance ministers approved a 78 billion euros...