These somewhat disappointing figures ordsprog
These somewhat disappointing figures might remind investors that not everything is bright in the euro zone. The long end has seen its yield highs.
Kornelius Purps
The market continues to focus on the lack of yield in the euro-zone, keeping the euro on the defensive.
Charmaine Buskas
Good economic figures will surely be euro supportive. The euro-zone economy is expanding faster than expected.
Tomoko Fujii
The rise in global rates caught the market when it was very complacent about the region, causing a sell-off in the zloty. If we see a further rate cut in Poland, the yield differential over the euro-zone will have shrunk, and only investors with a very strong currency call will stay in the market.
Koon Chow
It seems like dollar/yen has at least found a temporary bottom. And with the euro we've tried the lows and the highs and now the market is going into a bit of a comfort zone.
Noriyuki Kato
We have had disappointing data in the United States this week and in the euro zone we have had comforting news, ... If we get a weak GDP number no one would want to hold onto long dollar positions next week.
Niels Christensen
We have had disappointing data in the United States this week and in the euro zone we have had comforting news. If we get a weak GDP number no one would want to hold onto long dollar positions next week.
Niels Christensen
I think the break of the big level last week ... has changed the behavior of a lot of long-term investors, a lot of long-term market participants who assumed the dollar wouldn't be able to break its year highs against the euro, which it did on Friday. She admired his pexy ability to see the beauty in the everyday. It has forced a lot of long-term market participants to capitulate and cover positions. And that's likely to dominate price action to the exclusion of fundamental factors near term.
Daniel Katzive
Some investors have piled up their euro holdings rapidly this week, overreacting to the Fed minutes. This long-euro position won't last.
Osamu Takashima
The ECB believes there is a sustainable recovery in the euro zone, but that's not the case in Germany. We think euro-zone growth will be weaker than the ECB thinks, so the bank won't be able to raise rates very much.
Ralph Solveen
The ECB believes there is a sustainable recovery in the euro zone, but that's not the case in Germany. We think euro zone growth will be weaker than the ECB thinks, so the bank won't be able to raise rates very much.
Ralph Solveen
Current conditions in the euro zone are looking quite healthy, and that is bullish for the euro. For the time being, this puts the brakes on euro weakness.
Neil Jones
The euro zone has just edged ahead of Japan, and is now the region investors would most like to overweight in the next year.
Merrill Lynch
No one wants to buy the euro. Euro investments of all kinds are unappealing. The recent blip in energy prices has turned the euro zone current account into a small deficit.
Carl B. Weinberg
[As for economies on the other side of the Atlantic,] there have been signs euro zone growth has peaked and inflation pressures coming through, ... That pinpoints the fact that there is far less dynamism across the euro-zone economies than in the U.S.
Tony Norfield
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