Eurozone PMI Key Points: The latest Eurozone composite output index was at 49.3 (November: 47.8). 5-month max. Final Eurozone services business activity index at 49.8 (November: 48.5). 4-month maximum. Recommended by Zain Vauda Get your free Euro forecast The seasonally adjusted S&P Global Eurozone PMI composite output index was sub-50 for the sixth consecutive month … Read more
EUR/USD Forex Price, Chart and Analysis Members of the ECB will be doubled in proportion. EUR/USD may retake parity in the short term. Recommended by Nick Cawley Get your free Euro forecast A number of ECB policymakers have been doubling down on the central bank’s stance on interest rates and inflation, arguing that higher rates … Read more
Yen’s flight to safety The euro dropped to a 20-year low to $ 1.00720. Stable or strong U.S. jobs data could boost the dollar – analysts say LONDON, July 8, 2010 (FBC) – Former Japanese Prime Minister Shinzo Abe was shot dead as he campaigned for a parliamentary election last Friday, raising questions about Yen … Read more