Euro is the relatively new currency first introduced by the European Union in 1999.The currency has been adopted by the 16 countries of Europe.
Posts Tagged ‘Euro Zone’
Features of EUR/USD-Pair -Factors Affecting The Movement Of The Currency Pair
Posted by Tushar Mathur on May 13th, 2010
Posted in 
Understanding Different Currencies
Posted by Tushar Mathur on February 21st, 2010
Unemployment in the euro zone rose in September to 9.7%, as expected
Posted by maradona on October 30th, 2009
Taking into account seasonal factors, unemployment in the eurozone reached 9.7% in September this year, said the EU statistical agency Eurostat.
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Index of confidence in the euro-zone economy grew more than expected in October
Posted by maradona on October 29th, 2009
Index of confidence in the euro-zone economy (Euro-Zone Economic Confidence) for October was 86.2 points, reports the European Commission. Value index surpassed expectations of analysts projected an increase to 84.4 points. Recall that a month earlier figure stood at 82.8 points.
The index of consumer confidence (Euro-Zone Consumer Confidence) for October increased to -19 points to -18 points in the forecast -17 points.
The index of confidence in the business community (Business Climate Indicator) was -1.78 points for October at the previous value of -2.07 points and prognosis of -1.90 points.
The index of consumer confidence (Euro-Zone Consumer Confidence) for October increased to -19 points to -18 points in the forecast -17 points.
The index of confidence in the business community (Business Climate Indicator) was -1.78 points for October at the previous value of -2.07 points and prognosis of -1.90 points.
Euro is more expensive than a pound before the end of the year
Posted by maradona on October 27th, 2009
Today, one of six bank Moors BNP Paribas said that in 2009 the pound sterling could fall to parity with the euro.
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M3 euro zone fell to 1.8% in September
Posted by maradona on October 27th, 2009
M3 euro area (an indicator of the money supply) amounted to 1,8% in September compared with 2.6% in the previous month.
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The current account deficit of balance of payments euro-zone 1.3 billion euros in August
Posted by maradona on October 22nd, 2009
In August this year the current account deficit of balance of payments euro-zone seasonally adjusted amounted to 1.3 billion euros (equivalent to a deficit of 5.0 billion euros excluding seasonal and calendar factors), said the European Central Bank. Previous value of the index revised downward – with seasonal and calendar factors balance of payments surplus amounted to 3.7 billion euros (previously reported surplus of 6.6 billion euros).
On an annual basis, taking into account factors consecutive current account deficit balance for August was 106.5 billion euros (about 1,2% of GDP), compared with a deficit of 56.1 billion euros a year earlier.
The total inflow of foreign direct and portfolio investment in the euro area without taking into account seasonal variations in composition for August 57 billion euros, compared with 18 billion euros in July.
On an annual basis, taking into account factors consecutive current account deficit balance for August was 106.5 billion euros (about 1,2% of GDP), compared with a deficit of 56.1 billion euros a year earlier.
The total inflow of foreign direct and portfolio investment in the euro area without taking into account seasonal variations in composition for August 57 billion euros, compared with 18 billion euros in July.
Eurozone trade deficit 4.0 bn euro in August
Posted by maradona on October 16th, 2009
Eurozone trade deficit amounted to 4.0 billion euros in August this year compared with a surplus of 12.3 billion euros in the previous month, the EU statistical agency Eurostat.
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Eurozone industrial production index rising fourth month in a row
Posted by maradona on October 14th, 2009
Eurozone industrial production index for August rose by 0,9% in monthly terms, said the EU statistical agency Eurostat. Value was below the level projected by most analysts (1.2%).
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ZEW index of economic sentiment in Germany declined in October
Posted by maradona on October 13th, 2009
Index of Germany’s ZEW economic sentiment for October was 56.0 points compared with 57.7 points a month earlier. The value was below analysts’ forecasts, is expected to increase to 58.8 points.
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Euro in Play with German IFO to Show Business Outlook Rose for Third Month (Euro Open)
Posted by Forex News on September 24th, 2009
The Euro may see near-term gains as Germany’s IFO Survey shows that business confidence in the Euro Zone’s largest economy rose for the third straight month to hit the highest level since May 2008, but sentiment may not be supportive in the longer term.
U.S. Interest Rates on Tap
Posted by Forex News on September 23rd, 2009
Following two relatively peaceful trading days, today is filled with news publications from the major economies. Starting at 06:45 and until 09:00 (GMT) traders are advised to follow the news events from the Euro-Zone.
Market Expects Low Volatility Today
Posted by Forex News on September 22nd, 2009
There is likely to be less volatility in the market today with almost no market moving data on tap from Japan Europe and Unites States.
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US Dollar Rises on Safety Demand as Stocks Retreat in Asian Trading (Euro Open)
Posted by Forex News on September 18th, 2009
The US Dollar gained as stocks sold off in Asian trading on news that Japan’s third-largest consumer lender will suspend debt payments to its creditors, boosting demand for the safety-linked currency.
Swiss Franc in Focus as SNB Announces Rates, Currency Policy (Euro Open)
Posted by Forex News on September 17th, 2009
The Swiss Franc may see volatility ahead as the Swiss National Bank gets set to make their quarterly monetary policy announcement, including an update on their policy of intervention into the currency market to prevent the appreciation of the currency.
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