producer prices

European Currencies Stronger against Dollar and Yen

March 2, 2011

The dollar fell 0.4% against the euro and Swiss franc and 0.3% relative to sterling.  The greenback is unchanged relative to the Canadian and Australian dollars as well as the yen.  The dollar has risen 0.7% versus the kiwi and 0.1% against the yuan.  Middle Eastern buying of euros has been reported.  Libya is closer […] More

Today’s U.S. and Canadian Data

October 14, 2010

The U.S. August trade deficit of $46.2 billion split the difference between the June and July shortfalls of $49.8 billion and $42.6 billion and so seems pretty representative of the present underlying trend.  The year-to-date deficit was $100 billion greater than in January-August 2009, a deterioration of $12.5 billion per month.  China and OPEC each […] More