Following yesterday’s move back through the $1.36 level trading in dollar/euro was seen as relatively thin overnight with little to provide fresh direction. . .
The health of the consumer should dominate in terms of US data this week…* In the eurozone, news from the industrial sector should dominate an otherwise light week with manufacturing output reports for January…* It is also a relatively quiet w...
ECB EYES FISCAL TIGHTENING AHEAD OF RATES ACTION: It came as no great surprise that the European Central Bank left official interest rates unchanged at 1% following last week’s Governing Council meeting. The ECB President, Jean-Claude Trichet, d...
* Dollar gets support from rise in risk aversion * Euro remains under pressure on sovereign risk concerns * Sterling beats hasty retreat versus dollar * Yen continues to see safe haven support *
Construction Activity Continues to Decline - But Not All Bad News :Number of new housing registrations falls further : The level of new house guarantee registrations has fallen even further to average around just 150 a month in the three months ...
IRISH ECONOMY WATCH: Manufacturing sector rebounds in January after weak finish to the year while manufacturing PMI levels off in recent months at below 50. . . Services PMI bounces back in February after disappointing weather related January ...
