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  • German Business Confidence Drops for Fourth Month as Risks Build

    From businessweek.com

    German business confidence declined for a fourth month, reflecting a faltering euro-area economy that European Central Bank President Mario Draghi says might need more stimulus. The Ifo institute’s business climate index, based on a survey of 7,000 executives, fell to 106.3 in August from 108 in July. Economists predicted a drop to 107, according to the median of 39 estimates in a Bloomberg News survey. Germany has been the engine of the euro area’s revival since last year and its resilience could be critical now as growth stalls and political tension with Russia threatens trade flows. Draghi signaled last week ... (full story)

  •  Guest
  • | IP XXX.XXX.201.240
who cares EU dosent seem to want go down more
the market is so oversold! its last week issue all over again!
Draghi will never get permission from the German Bundesbank to print money. Unlike the fed, the Bundesbank is run by people with degrees in 'real' economics or Neo-Keynesian economics, unlike the neoclassical economists at the fed.
EUR be like, WHHAAATTTT, i am not going down anymore ... do hell with your report
  •  Guest
  • | IP XX.XXX.145.159
Ifo is old news, here is more up to date news:

http://www.bloomberg.com/news/2014-08-25/european-stock-index-futures-climb-after-draghi-s-speech.html
When is Eur going up!?? What does it take to?
  •  Guest
  • | IP XXX.XX.168.130
Euro is looking for good data to recover some ground but so far there is nothing so the heat is on down, down.........
  •  Guest
  • | IP XXX.XX.168.130
All things being equal ..eurusd should be 1.5000..bcos North Koreans are printing usd, us fed printing US dollars, it seems everybody is printing dollars,, and more of them in circulation..but euro is so sick to get strength to compete with US dollar. So what can I say, buy US dollars until heaven shines on euro in October.
Quoting berlinbus
Draghi will never get permission from the German Bundesbank to print money. Unlike the fed, the Bundesbank is run by people with degrees in 'real' economics or Neo-Keynesian economics, unlike the neoclassical economists at the fed.
Keynesian economy supports printing, while neoclassical economy dont accept crisis(no need of intervention). German economy is more institutional economy. But I agree that Bundesbank will not allow for printing. Just remembering that each country has different levels of macro data, also Draghi mentioned about it.
Quoting Quophi1054
When is Eur going up!?? What does it take to?
I do not think EUR is going up anytime soon because

1) Russia and Ukraine are at each other throats
2) Both USD and GBP has interest rate hikes.

It is beneficial for big players to dump Eur right now and go with USD

Just my two cents
  •  Guest
  • | IP XXX.XXX.143.11
US is now energy independent, a big game changer. EUR is heading for the bottom of the flag on the monthly chart.
What will happen new home sales USA. Will it cause to EUR go down or up...
We can't deny Japan experience of lost decade is so frightening, that everybody gets into QE. I think stocks market believes that Yellen will not pull the life support. She has to make sure that big companies will not collapse once she does. Small companies, who cares.

The jobs market, ah yes, only an excuse?
The EUR will continue to go south , for the time being, just sell EUR/USD highs ....
Quoting prajwalpo
{quote} I do not think EUR is going up anytime soon because 1) Russia and Ukraine are at each other throats 2) Both USD and GBP has interest rate hikes. It is beneficial for big players to dump Eur right now and go with USD Just my two cents
I actually just came back to forex after some long time and I came to see your comment on reply to my question... So I decided to check his low the EUR went after you called that you don't see it coming up anytime soon.. EUR USD is actually down even as at today below when you called its 'crash'
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