Javier E. David

Ron Florance at Wells Fargo Private Bank says the FOMC’s statement reflects two issues: that the prospect for more bond-buying “continues to decline rapidly on a daily basis,” but that Europe’s debt crisis remains the wild card that forces the Fed to…

Next week’s relatively light U.S. data calendar will feature several important readings on the economy, all of which could figure prominently in the Federal Reserve’s thinking on monetary policy. The earnings calendar, on the other hand, is thick…

In theory, higher yields are supposed to lure investors with the prospect of meaty returns. Yet in Spain’s case, Andrew Balls, head of European investment at bond giant PIMCO sees the opposite effect in play. “Spain is like an emerging market economy…

Spain successfully auctioned €3.2 billion ($4.21 billion) worth of 12- and 18-month bills, just above its target range yet at sharply higher borrowing costs. Markets were also buoyed by news that economic sentiment in Germany—the euro zone's largest…

Yet the euro rebounded after the release of U.S. retail sales for March, which beat market expectations. The data sparked appetite for stocks and higher-yielding currencies, which helped the euro reverse the session's losses. Underneath the surface,…

Still, investors focused on remarks by Japan's finance minister, Jun Azumi. The official sought to dissuade more safe-haven buying of the yen, which has surged on the back of renewed worries about the euro-zone debt crisis. Mr. Azumi also put…

Instead, investors sold the greenback even as they took shelter in U.S. Treasurys. Amid fears about China's economic health and Europe's still-raging debt travails, the weak employment data heightened the possibility the Fed could undertake more…

The data came as traders were growing optimistic that the Federal Reserve could avoid unfurling a third round of quantitative easing, or QE3, to spark job creation but tends to undermine the dollar. The weaker-than-expected jobs numbers revived…

The data sent traders flocking to the safety of government debt, the dollar and yen, all assets viewed as stable during times of global economic turmoil. Late Thursday in New York, the euro was at $1.3201 from $1.3216 late Wednesday. The dollar fell…

Early in the session, markets were disappointed by data showing that existing home sales fell modestly last month. Those figures dovetailed with news that the inventory of previously owned homes listed for sale in the U.S. increased to 2.43…

Encouraging data, combined with a Federal Reserve that has yet to unveil a third round of monetary stimulus, has led to a surge in Treasury bond yields that has sparked demand for the dollar across the board. Still, Friday's economic releases…

In the ever-swinging pendulum of risk-on/risk-off, one thing has remained constant: good data are good for just about everything else but the dollar. Recent evidence, however, suggests this is changing: Solid figures like Tuesday’s US retail sales…