The EUR has been in a bull market since 2002 but the economic and political fundamentals of Europe are not looking too good these days…and there are some dark clouds on the horizon for this currency when you consider the broader global socioeconomic framework.

Of course, the EUR was a flawed currency from the start (as [...]

http://www.iht.com. FRANKFURT: Europe is facing a “very strong inflationary shock” as a result of rising energy and food costs, the top European Union official for economic affairs said Monday as the price of oil neared $120 a barrel.
Joaquín Almunia, the EU commissioner for economic and monetary affairs, said that higher inflation was emerging as “a [...]