Beam Financial Group

08/05/2011

BeamFX.com via Reuters:

* Strong U.S. payrolls data assuages recession fears * Swiss franc falls, intervention talk weighs * Yen bounces back, more official action likely (Updates prices, adds quotes and graphic, cha

08/05/2011

BeamFX.com:

The US employment report was mixed at best and may or may not be enough to reverse short term negative momentum, but Bernanke needs to fire up the next squadron of cash helicopters if we’re going to see a more durable rally in risk.

08/04/2011

NEW YORK, Aug 4 (Reuters) - The euro dropped to sessionlows against the Swiss franc on Thursday, hurt by losses versusthe dollar as investors were disappointed the European CentralBank President bought

08/03/2011

The conventional wisdom that the haven Swiss franc outperforms during times of risk aversion, while the Australian and Canadian dollars appreciate when risk-seeking investors shift into commodities, has become undone this year as all three

08/03/2011

LONDON (AP) -- Worries over the state of the U.S. economy pushed global stocks lower on Wednesday as traders rushed to put their capital in

08/02/2011

The euro weakened for a second day against the dollar and depreciated to less than 1.10 Swiss francs for the first time amid concern slowing economic growth will hamper efforts to tame the region’s sovereign-debt crisis.

07/21/2011

The dollar heads south and the euro rallies after media reports about the terms of European leaders’ plan to extend loan maturities for Greece and other indebted euro-zone countries.

07/21/2011

The euro fell against the dollar for the first time in three days after European officials signaled Greece may undergo a default on government bonds as part of a second bailout for the beleaguered nation.

07/20/2011

The euro extended gains on mounting optimism over progress in resolving Europe’s debt troubles, on the eve of a key summit meeting, while traders’ skittishness over debt talks in Washington keeps the dollar on the defensive.

07/20/2011

European leaders’ efforts to calm the region’s debt crisis will probably pave the way for a rally in higher-yielding currencies before a recession that’s worse than 2008 starts to bite, according to FX Concepts LLC.

07/20/2011

By Barbara Zigah (eToro Blog) A panacea it is not; Angela Merkel, the German Chancellor and one of the key strategists of today’s emergency E.U. summit, made