…of very few countries that actually bought fewer US goods in 2003 than 2002, despite the huge drop in the euro/$ exchange rate. The “American Fries” effect in reverse? Kash…
You searched for: label/euro; bond; debt; Eurozone
…In morning trading, the euro was at $1.2655, down from $1.2751 late Tuesday in New York. Sterling was also lower at $1.8350 from $1.8447, while the dollar rose against the…
…attractive to foreign buyers. How long will European policymakers be content to see the euro rise so sharply when Asian currencies are not? Judging by comments from Mr Trichet and…
The Resumption of The Big Dollar Slide? The US dollar hit a record low against the euro today, of about .83 €/$. It’s been trending down for the last year…
How was this for great timing? The dollar continues to fall against the Euro, likely due to some nefarious plan by the French to decrease the US trade deficit. On…
Do lower wages REALLY increase the natural level of output? Aren’t they missing something?
…lower wages, which are a cost of production, will increase the total productive capacity of the economy. Here are some links to examples… University of North Carolina’s Euro Challenge competition…
Low inflation concern continues in Europe
The Euro-zone inflation rate rose less then expected for April at a pace of 0.7%. It was expected, or hoped, to rise to 0.9%. Germany’s inflation rate stayed low at…
Higher Inflation Target is a Non-Issue
…Germany. “What would it mean for a German, for example, to have a 5% objective in the whole of the euro area?” Mr. Draghi asked later Tuesday. “I don’t even…
Paying the bank to keep your deposit money
…second is “negative interest rate policy.” And that’s what the European Central Bank is likely to put in place on Thursday for the 18 nations that use the euro currency….
Top-Down approach is not working… Go Bottom-Up
…battle super weak inflation in Europe, but he is not getting to the root of the problem. Real wages are being cut in an effort to increase competitiveness for Euro-zone…
