A number of central banks have implemented fresh easing efforts, German and European economic prospects have shown some minor improvement, and the prospect of lingering cheap energy prices is starting to offer global consumers new confidence.
Germany
Euro dives as ECB prepares to act
The common currency of the European Union slipped on Tuesday against the world’s reserve currency, dropping near its lowest level in almost two months against the greenback, according to Bloomberg.
Euro rises against yen after Ifo poll results
The common currency of the European Union pushed ahead on Monday against the Japanese yen, rising from its lowest value since the middle of last month, according to Bloomberg.
Euro strengthens after release of strong manufacturing data
The common currency of the European Union drove higher in value on Thursday against the world’s reserve currency, pushing to its top level in about three months against its cross-Atlantic rival, according to Bloomberg.
Euro climbs after Merkel wins third term
The re-election of the German chancellor over the weekend benefited the common currency of the European on Monday against the world’s reserve currency, Bloomberg reports.
The Weekly Gold Digger (Jun 18 2013)
The gold market should be in demand as a hard currency, but it simply has been pressured by the allocations from investors spreading into the Stock Indexes and many other products. The strength of the US Dollar puts pressure on the gold market while the tapering of the quantitative easing should increase the strength of… Read more.
Copper futures endure sharpest drop in two weeks
Indications of slowing growth in China and Germany pulled down copper futures on Thursday as the base metal endured its biggest loss in about 14 days, according to Bloomberg.
Euro dips against dollar after German release of weak retail sales data
The shared currency of the European Union slipped from its highest value in three weeks against the world’s reserve currency as a consequence of Germany releasing weak retail sales data, Bloomberg reports.
Euro benefits from strong economic data released by Germany
The common currency of the European Union climbed on Friday against the U.S. dollar after the emergence of strong economic data from Germany, the strongest economy in the 17-nation bloc, Bloomberg reports.
Crude oil futures spurred higher by strong car sales in Germany, Spain
Strong car sales last month in Germany and Spain spurred a third consecutive day of gains on Friday for Brent crude oil futures, Bloomberg reports.