Posts Tagged: fundamental data

Despite the fact that the fundamental data in the Eurozone has improved, the Euro did not manage to grow based on the fact that the European sovereign crisis continues to have negative effects upon the currency. The fact is that the market continues to be influenced by a feeling of risk aversion which is mainly caused by the difficult economic situation in the world, especially in the European Union. Even though the fundamental factors have shown positive data for the EU countries this week, the Euro remained flat for a period and started to fall afterwards. The consumer price index in France increased to 0.3 percent on a monthly basis in November, after the previous growth of 0.2 percent which has been seen in October. The ZEW economic expectations index for Germany also increased from -55.2 to -53.8 this month. Also, the same indicator has shown improvements for the entire European zone, growing from -59.1 to -54.1 even Read more »

The European crisis continues to affect the entire world, especially as the disputes between France and Germany do not seem to get to an end. The two countries have different perspectives upon the way in which the sovereign debt crisis in Europe should be solved and it is likely that we are not to make any mistake by saying that the financial crisis and the decrease of the Euro is not to get to an end unless the two countries find a common solution.

The problem these countries need to solve is that of whether they should share debts amongst the Eurozone states or to simply impose austerity measures upon the countries which are already faced with financial issues. The fact is that, unless they find a solution to this problem, the Euro will continue to remain in danger. The Euro has had a difficult week due to these events and it continues to trade influenced by Read more »