Analysis Eur/usd There's

Fundamental Analysis EUR "The outlook for the industrial sector is bleak" - Martin van Vliet, an economist at ING Group Euro-area industrial production unexpectedly rose in February, even as the region’s economy continued to slide into a recession. Production increased 0.5 per cent from January, said the European Union’s statistics office in Luxembourg on Thursday. USD "Import prices were certainly a problem for businesses in the last three months, but we’ve seen those pressures ease" - Jacob Oubina, a senior U.S. economist at RBC Capital Markets LLC The number of Americans claiming for unemployment benefits rose to 380 thousand in the week ended April 7 from the week before, said the Department of Labor on Thursday. GBP "Concern persists that U.K. exports will be limited in the near ...

Fundamental Analysis EUR "There are growing fears that the Spanish economy is caught in a pernicious circle" - Nicholas Spiro, managing director of Spiro Sovereign Strategy Spain’s efforts to calm investors with 10 billion euros in savings on education and health spending failed to stem concerns the nation may need additional capital if the economy weakens more than expected. USD "Europe is a temporary concern. The market is signaling they haven’t fixed the whole problem" - James Swanson, chief investment strategist at MFS Investment Management U.S. stocks extended losses on Tuesday as Spain’s plan for more austerity failed to halt drop in bond prices. GBP "We now know that there will not be any new money printing and the rally in European equities appears to be over" - Stewart ...

Fundamental Analysis EUR "Spain is facing an economic situation of extreme difficulty" - Mariano Rajoy, Prime Minister of Spain Demand for Spain’s debt tumbled on Wednesday and the nation only sold 2.59 billion euros of bonds, just above the minimum amount it planned. The average yield on five-year bonds rose to 4.319 percent from 3.376 percent the previous month. USD "Demand for Spain’s debt tumbled on Wednesday and the nation only sold 2.59 billion euros of bonds, just above the minimum amount it planned. The average yield on five-year bonds rose to 4.319 percent from 3.376 percent the previous month" - Ryan Sweet, a senior economist at Moody’s Analytics Inc. The number of Americans claiming for unemployment benefits declined slightly to 357 thousand in the week ended March 31 from ...

Fundamental Analysis EUR Germany's factory orders unexpectedly slipped in January as overseas demand for machinery and similar investment goods fell. Factory orders lost 2.7% compared to a 1.6% gain in December, said Economy Ministry. Economists questioned by Bloomberg earlier predicted an 0.6% increase. On yearly basis orders have dropped 4.9%. Euro erased morning gains on report. USD Republican Mitt Romney, ex-governor of Massachusetts won the primary presidential election in Ohio. Romney gained 38% of votes, followed by former Senator of Pennsylvania Rick Santorum with 37%, Speaker of US house Newt Gingrich with 15% and US Representative Ron Paul with 9% support. GBP After a rapid drop of 1.9% in previous session, British FTSE 100 index retreated and climbed 0.5% on Wednesday as ...

Fundamental Analysis EUR Germany's factory orders unexpectedly slipped in January as overseas demand for machinery and similar investment goods fell. Factory orders lost 2.7% compared to a 1.6% gain in December, said Economy Ministry. Economists questioned by Bloomberg earlier predicted an 0.6% increase. On yearly basis orders have dropped 4.9%. Euro erased morning gains on report. USD Republican Mitt Romney, ex-governor of Massachusetts won the primary presidential election in Ohio. Romney gained 38% of votes, followed by former Senator of Pennsylvania Rick Santorum with 37%, Speaker of US house Newt Gingrich with 15% and US Representative Ron Paul with 9% support. GBP After a rapid drop of 1.9% in previous session, British FTSE 100 index retreated and climbed 0.5% on Wednesday as ...

Fundamental Analysis EUR "The cost of postponing a solution is extremely high for Europe, but especially for the future of the euro" - Giovanni Bossi, chief executive officer of Banca Ifis SpA Talks on Greek debt swap resumed on Thursday as European finance ministers pressure private bondholders to take bigger losses on their Greek holdings. USD "Improving economic momentum and diminished angst surrounding the financial crisis has encouraged businesses to take on more risk" - Richard DeKaser, deputy chief economist at Parthenon Group Inc. The number of Americans claiming for unemployment benefits rose to 377 thousand in the week ended January 21 from 356 thousand the week before, said the Department of Labor on Thursday. GBP "Given the key role of consumer spending, the CBI survey ...

Fundamental Analysis EUR "On the basis of some current economic and fiscal trends in France... we wouldn't expect to downgrade France this year" - Ed Parker, head of EMEA sovereign ratings Fitch Raings does not plan to downgrade France's top notch AAA credit raing in 2012, while raings of Spain and Italy as well as other countries under review could be cut by one or two notches this year, said Ed Parker, head of EMEA sovereign raings at Fitch on Tuesday. USD "Demand has been pretty good in the fourth quarter, though the momentum peaked early in the quarter" - Aneta Markowska, a senior U.S. economist at Societe Generale U.S. month-on-month wholesale inventories barely grew in November, suggesing the economy is recovering at a moderate pace. GBP "A better-than-hoped for December closed ...

Fundamental Analysis EUR "The cost of funding will become a crucial factor in the first quarter of 2012, when Italy has to issue 62.5 billion euros of bonds" - Michael Leister, rate strategist at WestLB Italy’s five-year borrowing costs rose to record in a bond aucion on Wednesday, adding pressure on Italian government to take decisive acion against the crisis after last week’s summit failed to restore investor confidence. USD "Import prices are going to be softening" - Neil Dutta, an economist at Bank of America Corp. U.S. month on month import prices rose at a moderate pace in November for the first ime in four months, indicaing inflaion will remain contained. GBP "We see unemployment continuing to rise in the months ahead with the prospect of 3 million unemployed looking more and ...

Fundamental Analysis EUR "The deterioration in debt metrics … are exerting pressure on France's creditworthiness" - Alexander Kockerbeck, Moody's Senior Credit Officer Moody’s Investor Service said on Monday that France’s top notch AAA credit rating is under pressure amid higher borrowing costs and uncertain economic outlook. USD "The housing market is stabilizing" - Sal Guatieri, a senior U.S. economist at BMO Capital Markets U.S. existing home sales unexpectedly rose 1.4 percent to an annual rate of 4.97 million in October from 4.9 million in September, said the National Association of Realtors on Monday. GBP "The relentless stream of economic uncertainty around the eurozone crisis has eroded consumer confidence" - Miles Shipside, commercial director at Rightmove U.K. month on ...