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WEEK AHEAD: Volatility Expected As Europe Crisis Grows

From efxnews.com

All eyes in the currency market are turning to Europe again as the sovereign debt crisis rages on. Volatility will reign with bond auctions for several European countries, including Italy, scheduled for next week. In the U.S., crucial jobs data will be released on Friday, providing another clue on how the recovery is progressing. Market participants are nervous about the bond auctions as higher borrowing costs in Europe indicate that financing debt is becoming increasingly difficult. Even Germany is struggling to sell its debt. Questions about the very survival of the euro are being raised. "Investors want to see ... (full story)

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