The euro tumbled more than 6.0% between October 15 and November 9 after the European Central Bank (ECB) signalled that it was prepared to do more in December to bring inflation back to its ‘just below 2.0%’ target. 115 more words
Tags » Foreign Exchange Consensus Forecasts
This month’s special survey focuses on the extent to which exchange rate movements are influenced by a range of different factors, including relative growth, inflation differentials, the trade balance, interest rates and equity investment flows. 63 more words
The US dollar (page 3), which performed well over the holiday period, depreciated last week, following a disappointing non-farm payrolls report for December. Only 74,000 jobs were added to the American economy, down from 200,000 and 241,000 in October and November, respectively. 19 more words
The next Foreign Exchange Consensus Forecasts publication is available Wednesday 12th February.
You can download a sample of Consensus Forecasts athttp://www.consensuseconomics.com/con2/more_research.php?submit3=g7
The zloty inched higher in the first half of October, as the economy showed gradual signs of recovery, but drifted back below Zl4.20/euro on our survey date even as the euro weakened (daily chart, next page). 226 more words