The euro recovered some modest ground in early morning trade, inching up from yesterday’s four month lows of $1.2682 seen versus the dollar, thus remaining clear of its yearly low of $1.2625. . .
Highlights: The euro was under pressure going into the weekend, with this situation unlikely to change until we see some positive developments with regards to the Greek political impasse…* Aside from politics, another key challenge for the eur...
EUROPE A LONG, LONG WAY OFF SUSTAINED GROWTH: The European Commission published its latest semi-annual European Economic Forecast report last week with the opening remark that recovery is on the horizon, but it will be a long and stony road bef...
HIGHLIGHTS: Dollar supported by signs of US recovery…* Euro vulnerable as debt concerns resurface…* Sterling benefits from improved UK data and safe haven flows…* Yen recovers recent losses as risk sentiment deteriorates again…
COMPLETIONS TO FALL EVEN FURTHER FROM 2011 RECORD LOW: Just 10,480 units completed in 2011 The latest data from the Department of Environment show that there were just 10,480 housing units completed in 2011, a fall of 28% compared to the 14,600 ...
IRISH ECONOMY WATCH: Manufacturing production volatile, dropped back further in March. Down 5.2% in Q1... BUT ... Mfg PMI, though falling back, remained just into expansion territory in April. . .
