…2.2 of the IMF report extends the time series to the Euro Area, Japan, and other industrial nations. While these other industrial nations are not running current account deficits, their…

…YORK — The dollar plunged, posting its largest one-day loss versus the euro since August and dropping to a seven-year low versus the South Korean won, as reports of diversification…

…a proportion of GDP for 75 years; the shares of profit in the euro area and Japan are also close to their highest for at least 25 years. UBS, a…

…euro and weak dollar, which should give Boeing a price advantage. Consider it a case of the J-curve effect in action. When the value of a currency changes, it takes…

…against the euro. In his speech Greenspan reveals his latest thinking about the US’s external imbalances. The question now confronting us is how large a current account deficit in the…

In recent weeks the dollar has been steadily weakening, but since Tuesday that decline has intensified. Today the dollar hit all-time record lows against the euro. Note that in the…

Which Way the Dollar? The dollar has done pretty well this year, compared to what many people expected. The chart below shows the dollar against the euro over the past…

Postcards from Old Europe – Policy Traction Last week’s installment saw me try to do some Fed-watching, this week sees me hop back to the other side of the Atlantic…

…very Euro-centric I guess that it is high time to shift my view back to the goings-on in the US. While household demand has been flagging in Europe the US…

…at some of the developments coming up on the European political stage. June will see elections to the European parliament and another chance at agreeing on an EU constitution. Some…