Euro

Euro Struggles Amid French Political Turmoil, South Korean Won Stabilizes Post-Martial Law Fiasco

The euro lingered near two-year lows on Thursday as France’s government collapse spurred fears about the stability of the eurozone's second-largest economy. Meanwhile, the South Korean won steadied after enduring a political shock triggered by a martial law controversy. These...
Dollar-Euro

European Bonds Now Seen as Safer Bet Compared to US Treasuries

The US Treasury Secretary, Janet Yellen faces growing concerns as influential bond investor Bill Gross highlights an emerging risk to US Treasury securities: the November election. In recent interviews, Gross, the former chief investment officer of Pacific Investment Management Co...