Syriza's Victory is Not the End but the Beginning

Syriza's Victory is Not the End but the Beginning

As the demonizing of Syriza gives way to post-electoral analysis, its victory is being seen as anti-austerity not anti-EMU. Politics makes for strange bedfellows, and a small conservative party Independent Greeks, have agreed in principle to form a …

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AUD/USD – Drops to New Multi-Year Low Near 0.7850

The last week has seen the Australian dollar fall very sharply and break lower from the trading range that had been established roughly between 0.8050 and 0.8200. This has resulted in a new multi-year low near 0.7850 in the last day. A couple of weeks …

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For Saudis, Falling Demand for Oil Is the Biggest Concern

As the world's oil producers wring their hands over a global glut that's pushing down prices, evidence is mounting that Saudi Arabia is more concerned about shrinking demand. The world's largest exporter has chosen not to cut production, counting …

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