US Dollar Fails to Break Despite Stellar NFPs. Where are the Trades? The Dollar tumbled to fresh yearly lows through the past week, but a late week reversal actually left the Dollar Index higher on the week. Is this the start of a more significant Dollar reversal? Exogenous Threat to Euro Exists as ECB Policy Diverges from BoE, Fed The ECB’s ‘lower for longer’ stance is prohibitive for the Euro because the British Pound and the US Dollar are being bombarded with strong economic ...
In the Euro Zone, Recession Is Not Quite Over, Economists Say Many people probably thought the euro zone recession ended about a year ago when output began growing again. Not so, a group of leading economists argued this week. Growth is still too weak and unemployment too high to declare the recession over, economists at the Center for European Policy Research said. At best, they said, the recession that began in 2011 is merely ...
Recent Comments