On Friday, the dollar staged a slight recovery against the euro and yen, after dropping to record lows on the poor U.S. labour data. The euro rose as high as $1.5465 on the jobs data, and has yet to plateau, say currency analysts, after a two-week rally marked by successive historic highs. This week, a survey by the Centre for European Economic Research, or ZEW, is expected Tuesday to show more nervous sentiment among German financial analysts and institutional investors in March as fears of a U.S. recession increase. economists surveyed by Dow Jones said.
Figures out today: 0800 German Trade balance / 0845 French Industrial Production / 1030 EA Sentix Investor Confidence.
Figures out today: 0800 German Trade Balance / 0845 French Industrial Production / 1030 EA Sentix Investor Confidence
Monday, March 10, 2008
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