The euro jumped above $1.31 for the first time since early May Thursday, supported by further evidence that the European economic situation is better than feared this spring.
As the region’s credit crisis continued to ease, another round of encouraging economic data boosted the prospects for Eurozone growth.
German unemployment dropped for a thirteenth consecutive month to 7.6% in July, as improved economic conditions boosted the country’s labor market.
The continuing decline in unemployment triggered hopes that private consumption will soon contribute positively to the economic growth.
Hungary had a successful bond auction today, despite its recent squabbles with the International Monetary Fund.
The eurozone’s economic sentiment indicator rose to 101.3 in July from 99.0 in June, the European Commission said on Thursday. This was higher than analyst forecasts for a score of 99.1.
The euro rose to 1.3106 versus the dollar, breaking through resistance to its highest level since May 3. With the advance, the euro moved further from June’s 4-year low of 1.1805.
The US Labor Department released a report Thursday morning showing a modest decrease in initial jobless claims in the week ended July 24th. The report showed that jobless claims dropped to 457,000 from the previous week’s revised figure of 468,000.
The single currency was steady versus the yen, holding near Y113.50.
Versus the sterling, the euro rose to 0.8390 after data showed British house prices dropped in July for the first time since February.
Wonderful post! We will be linking to this great post
on our site. Keep up the great writing.
Hi my friend! I want to say that this post is awesome, great written and include approximately all vital infos.
I’d like to look more posts like this .
I think this is one of the most important info for
me. And i am glad reading your article. But should remark on few general things, The web site style
is ideal, the articles is really nice : D. Good job, cheers
When some one searches for his required thing, so he/she desires to
be available that in detail, therefore that thing
is maintained over here.
First of all I would like to say awesome blog! I had a quick question in which I’d like to ask if you don’t mind.
I was interested to find out how you center yourself and clear your thoughts prior
to writing. I’ve had a tough time clearing my mind in getting my
ideas out there. I truly do enjoy writing however it just seems like the
first 10 to 15 minutes are usually wasted simply
just trying to figure out how to begin. Any suggestions or hints?
Attractive section of content. I just stumbled upon your site and in accession capital to assert that
I acquire in fact enjoyed account your blog posts. Any way
I will be subscribing to your feeds and even I achievement you access consistently rapidly.
I think this is one of the most important information for
me. And i’m glad reading your article. But want to remark on some general things, The website style is wonderful, the
articles is really nice : D. Good job, cheers
Hello to all, how is all, I think every one is getting more from
this web page, and your views are nice in favor of new visitors.
You have made some decent points there. I checked on the net to learn more about the issue and found most people will
go along with your views on this website.
Havve yoou ever considered creating an ebook or guest authoring
on other sites? I have a blog centered on the same topics you discuss and would really like
to have you share some stories/information. I know myy subscribers woild value your work.
If you’re even remotely interested, feel
free to shoot me an e mail.