Tag Archives: EUR
House prices in the Euro area: Room for further declines in several countries
Housing markets often reflect and impact on the broader state of the economy, especially in countries with a high home ownership ratio.
FX Viewpoint: What if?
“The dollar is our currency, but your problem” – J. Connally, 1971 Sufficient evidence is the Figure 1, – ever since the collapse of the Bretton Woods,
The Week Ahead in FX
In the week ahead, investors will continued to closely monitor political developments in Washington.
A respite for the US dollar
USD: slightly firmer The DXY dollar index firmed slightly to 80.55 this week, helped by the Democrats and Republicans resuming talks over the US budget.
EUR Mid-day Analysis
Improving risk appetites have also been a benefit to the Euro this morning, although there is still somecaution with taking prices back towards this week’s early highs,
EUR Mid-day Analysis
While surviving a retest of yesterday’s low and recovering back towards unchanged levels, the Euro isshowing few signs of making any quick return to the recent highs anytime soon.
France still doesn’t care much about the Stability Pact
French manufacturing production increased by just 0.3 % m/m (-1.6% y/y) in August, confirming the lacklustre state of the economy.
EUR Mid-day Analysis
While silence may have been golden for the Euro during the early part of this month, negative newsheadlines are putting it squarely on the defensive early this morning.
FX Daily Strategist: Europe
Yellen nomination and FOMC minutes provide some distraction from fiscal drama The financial press overnight announced that President Obama will today nominate Vice Chairman Yellen to replace Bernanke in the New Year.
EUR Mid-day Analysis
The December Euro has kept within a fairly tight range during the overnight session, but is showing little of the strong upside momentum that drove prices up to 8-month highs late last week.
The Week Ahead in FX
In the week ahead, investors will continued to closely monitor political developments in Washington.
EUR Mid-day Analysis
The December Euro has been able to hold its ground within yesterday’s price range this morning, but clearly is having trouble extending this current up move heading into the weekend.