Euroland economic sentiment

Somewhat Softer Dollar

April 29, 2013

With holiday closures in Japan for Showa Day (commemorating the era of former Emperor Hirohito) and China for Labor Day, the dollar had declined 0.7% against the kiwi, 0.6% versus the Australian dollar, 0.4% relative to the euro and Swiss franc, 0.3% against the loonie and sterling and 0.1% vis-a-vis the yen.  The yuan is […] More

Evidence of Weakening Euro Area Sentiment and Disagreement on Means to Grow Europe

April 26, 2012

The boost to stocks from Fed Chairman Bernanke’s press conference didn’t last long. Investors have taken from Bernanke that further stimulus measures will only happen if U.S. growth or inflation falters anew. Euroland economic sentiment dropped 1.7 points to a reading of 92.8, matching last December’s score. ECB President Draghi and French presidential candidate front-runner […] More

Confusion of More Divergent Economic Statistics

January 6, 2011

The dollar is generally firm, supported by yesterday’s ADP employment report, higher market interest rates, European economic divergence, and lingering euro area peripheral debt concerns.  The dollar advanced 0.4% against the euro overnight and is also up 0.3% against the Swiss franc and 0.2% versus sterling and the Australian dollar.  The dollar jumped 0.6% against […] More

css.php