Euroland hourly labor costs and consumer prices

Continuing Well-Bid Yen

March 16, 2018

A week ago, the dollar traded above 107 yen and now it’s below 105 after having dropped another 0.7% overnight. The yen’s strength has little to do with Japanese developments. Industrial production for January was revised today to show an even bigger 6.8% month-on-month decline, with the further revelation that capacity usage had dropped 7.3% […] More

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