Special Report on
Investing in Euros
Investing in Euros - Trends
Latest Trending Story:
Bank of America Merrill Lynch has released its weekly hedge fund monitor that updates the latest exposure levels from hedgies. Last time around, we saw that global macro hedge funds were short equities . This time, we see that they've been aggressively covering the euro. Obviously due to the European turmoil in recent months, hedgies have been very short the euro . Thus, this interruption in trend is worth pointing out. Hedgies have been short the euro in size and so volatility will most likely continue in the forex market. To put this euro position in perspective, hedge funds were short -$13.4 billion ...
Tradethenews is a premier source for financial news and they provide high quality audiofeed for scheduled and unscheduled news events. European Market Update: Portugal 3-month T-Bill auctions shakes off another wave of risk aversion concerns; Euro getting verbal support - (SP) Spain May Net Unemployment M/M: -76.2K v -45.0Ke - (HU) Hungary Mar Final Trade Balance: €653.3 v €653.1M prior - (SZ) Swiss Apr Real Retail Sales Y/Y: 1.3% v 4.0% prior (revised) - (SW) Sweden Q1 Current Account (SEK): 63.6B v 40.8B prior - (TH) Thailand Central Bank Interest Rate leaves Benchmark ... Read More
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