Posts Tagged ‘Euro’


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The Euro in Retrospect


Wednesday December 28th, 2011   •   Posted by Emily Skarbek at 10:12am PST   •   3 Comments

In a NBER working paper, Martin Feldstein argues that the Euro “should now be recognized as an experiment that has led to the sovereign debt crisis in several countries, the fragile condition of major European banks, the high levels of unemployment, and the large trade deficits that now exist in most Eurozone countries.” The…
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U.S. Dollar Drops to 3-Year Low Against World Currencies


Wednesday May 4th, 2011   •   Posted by David Theroux at 9:55pm PDT   •   2 Comments

Gertrude Chavez-Dreyfuss at Reuters reports in “Dollar tumbles to 3-yr low; data underpins rate view” that: The dollar slumped to a three-year low against major currencies on Wednesday and its outlook darkened further as surprisingly soft economic data underpinned expectations that U.S. interest rates will remain low this year. The greenback also fell to…
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