Greek debt concerns intensified during the past month, leaving the euro with a heightened risk premium. While an unsustainable Greek fiscal policy should not be a major concern for the eurozone as a whole (Greece only constitutes some 2-3% of total eurozone GDP) the situation has escalated to a point…

In mid December, the Australian dollar was sitting at around 90.5¢. Since that time the AUD has moved in a 93¢ to 86¢ range. We are now sitting at the extreme lowpoint of that area after a run of negative sentiment accumulated in the early part of February. Indeed, the…