Tag Archives: EUR
FX G10/EM Morning Trader Views
EUR – The reaction to the weaker US data and the aggressive squeeze to the topside capped perfectly at the lvl at 1.2930 area and
Mid-Day FX Market Analysis
USD: The Dollar is finding modest early support this morning, but is still lacking enough strength to move above yesterday’s high for move.
FX G10/EM Morning Trader Views
EUR – Well eur finally came lower yesterday, playing catch-up to the broader usd strength theme.
Mid-Day FX Market Analysis
USD: The Dollar remains well supported and continues to drive further into new high ground going into this morning’s trading.
Euro area: Less recession but still recession
As expected, Euro-area GDP shrank by less in Q1 (-0.2%) than in Q4 of last year, but it still shrank and
Germany: Q1 GDP up 0.1% q/q
– GDP growth bounced back somewhat in Q1 2013, following a 0.7% fall in Q4 2012 revised downward from -0.6% q/q, the first fall since Q4 2011.
German GDP in Q1: Weaker than expected, not only due to cold weather
The message in today’s numbers on German GDP is very clear: Europe’s largest economy is by no means immune to the euro crisis despite very low interest rates and
Economic news‑flow from Europe is not uniformly downbeat
Economic news-flow from Europe is not uniformly downbeat. Eurozone industrial production rose by 1.0% MoM in March, following a downwardly revised 0.3% MoM gain in February.
Macro View: Soft, but Signs of Stabilization
The economic data flow over the past week did little to clarify the near-term pulse of global growth,
Mid-Day FX Market Analysis
USD: The Dollar has been able to shake off negative pressure this morning, and has put together a sizable rebound from last night’s lows.
Euro Zone: Output up in March
Industrial production came in better-than-expected in March, rising by 1% on a monthly basis, following +0.3% m/m in February.