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Euro’s Economic Woes Continue to Haunt as US Dollar Leads Majors
Fundamental Headlines - Euro-area Unemployment at 15-year High as Slump Deepens – Bloomberg - Yen Surges Past Dollar as Pre-NFP Labor Market Reading Disappoints – DailyFX - Factory Orders Suffer Largest Drop in 3 Years – Reuters - Europe Stocks Fall on Downbeat Data – WSJ - Treasury: No Decision on Floating-Rate Notes – WSJ European Session Summary Volatility is starting to pick back up. Volume has been light the past few days given the holidays across Asia and Europe, which has yielded tighter ranges despite significant developments on the economic front across the globe the past few days. However, ... (full story)
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