Posts Tagged ‘largest economy’
Euro zone GDP if more than expected in 4th Quarter. Euro in Currency Trading if.
May 7th, 2010
The Euro-zone Gross Domestic Product fell more than expected in the fourth quarter of 2008 flash estimate according to a released by Eurostat today. The 16-nation euro zone GDP declined by 1.5 in percent the October to December quarter following GDP contraction of 0.2 percent in the third quarter. The euro zone entered into recession after the third quarter GDP contracted for the second quarter in a row following the second quarter 0.2 Percent contraction. On an annual basis, the fourth quarter GDP is 1.2 percent lower than the fourth quarter of 2007. (more...)
Tags: euro trading, largest economy, the currency markets, US Dollar.
Euro in early trade continues to be weak
March 1st, 2010
The euro has weakened in the morning on Thursday the European currency trading against the U.S. dollar benchmark price of the ECB on Wednesday, and tends to the late foreign exchange trading in New York. While the single currency higher against the Japanese yen noted, she lost to the Swiss franc and British pound gained ground. At 9 clock, the U.S. dollar against the euro at 1.4086 after the benchmark price was U.S. $ 1.4132 on Wednesday. (more...)Tags: currency, largest economy, the euro.
