Jens Weidmann

With the European Central Bank's monthly meeting just a day away, the euro ticked up on rate cut expectations. The common currency neared a two week high on Wednesday and traded at $1.3191. The euro has risen by about one percent since Jens Weidmann announced that a rate cut would be considered if...

The European Central Bank is set to release its interest rate decision next week on Thursday, May 2. However, economists are already talking about a potential rate cut. No less than 10 banks have released notes in the past 24 hours calling for a rate cut, following the weaker than expected German...

The euro kicked off the week trading at $1.30 on Monday morning as investors prepared for the results of a preliminary purchasing executive survey which could force the European Central Bank to cut interest rates at their next meeting in May. According to Reuters, Markit's composite index based...

Futures Rise on Earnings, German Sentiment U.S. equity futures rose in pre-market trading following continued strong earnings and a better than expected report on German business confidence. The IFO Business Climate Index rose to 104.2 in January from 102.4 in December, better than economists...

Futures Indicate Lower Open on Imminent Cliff U.S. equity futures were higher but the Futures-Fair Value was lower, indicating a lower open for Wall Street Monday. Late Friday, futures crashed as investors feared that politicians were heading into the weekend neither with a deal nor a framework...

Futures Sharply Lower on Failed Fiscal Cliff Deal U.S. equity futures traded sharply lower overnight as House leader Boehner failed to gain enough votes to pass his Plan B to avoid the Fiscal Cliff. It is now unlikely that an agreement will be reached before Christmas, meaning leaders will have...

Late Tuesday, reports surfaced that the Bundesbank was preparing a lawsuit against the European Central Bank claiming that the ECB is violating its mandate in launching the latest round of bond purchases, known as the Outright Monetary Transactions. Unlike the Federal Reserve, which has a dual...

Rumors that Jens Weidmann -- head of Germany's Bundesbank -- would soon be resigning circulated the markets on Friday. In recent weeks, Weidmann has stood as a stark opponent to the more dovish members of Europe's elite, remaining the source of many headlines downplaying further easing actions by...

CSI Forex, a market data provider and investigative company, reported Friday that the rapid spike in the EUR/USD was caused by a rumor that European leaders may be about to implement a short selling ban on sovereign debt. Such a ban would effectively cap yields at current levels and potentially...

As Greece continues to slip further into depression, complete with massive unemployment, a credit crunch, and loss of economic confidence, it seems as though the ECB has started to implement a backdoor bailout of the European nation. Greece has a $3.7 billion maturing bond on August 20, so if...