Data Shows Euro Officially in Recession Pressuring Euro
Data Shows Euro Officially in Recession Pressuring Euro
GER Consumer Prices Down 0.2% in October
In Germany, October’s final release of CPI confirmed the preliminary release showing prices easing 0.2% on the month, while the annual rate also was unchanged from preliminary estimates of 2.4%. Prices are easing for consumers as the decline in commodity prices filters […]
Falling Euro Reflected in U.S. and Ezone Factory PMI’s Results
Falling Euro Reflected in U.S. and Ezone Factory PMI’s Results
The first difference between the United States and Euroland had a somewhat larger negative sign in October than in September. In the three months since July, the month with the strongest average euro value against the dollar, the factory spread has become […]
Euro Open: Price Action Mixed Amid Fed 50bp Rate Cut
Euro Open: Price Action Mixed Amid Fed 50bp Rate Cut
American and Asian trading saw the Euro sell off against the U.S. Dollar in the minutes after the Fed’s expected 50bp rate cut. Both the Euro and Pound closed the day up and are currently trading bullish. Furthermore Reserve Bank of Australia Deputy Governor Ric Battellion […]