EURUSD toppish at $1.38 says UBS

The USD set historical lows against the EUR but then reversed course as US yields shot up. While milder risks in the US bode well for global growth, the USD is still

EU acts on migration and asylum issues

The European Commission has launched a new programme to co-operate with third countries in the areas of migration and asylum with a budget of €380 million for 2007-2013. Building on the experience