Dollar Consolidates Amidst Weak Fundamental Data
Dollar Consolidates Amidst Weak Fundamental Data
EUR Money Supply Growth Slows
Starting with some fundamental data from the Euro-zone, we see that money supply growth slowed in November. On the year M3 money supply was up 7.8% compared to 8.7% in October. The annual rate of the growth of private loans slowed to 7.1% from 7.8%.
US Data Mixed, Currencies Stick to Ranges, Except Franc
US Data Mixed, Currencies Stick to Ranges, Except Franc
JPN Confidence Among Manufacturers Plummets in 4th Quarter
Confidence among Japanese manufacturers fell the most on record in the 4th quarter, as exports collapsed amid a deepening global recession. The BSI sentiment index fell to -44.5 this quarter compared with -10 in the 3rd quarter. Exports were down […]
Euro Gives Up Earlier Gains, Yen Down on Trade Data, Pound Pressured
Euro Gives Up Earlier Gains, Yen Down on Trade Data, Pound Pressured
JPN Trade Balance Shows Record Fall for Exports
Exports were down 26.7% compared to a year earlier, which was the worst year-over-year change on record. The export sector is being pressured by collapsing demand for Japanese cars and electronics as consumers in America and even […]