Tag: Euros to US dollar

Euro Area unemployment unchanged at 10% August 2011

According to the recent Eurostat report, the Euro Area seasonally adjusted unemployment rate remained unchanged at 10% during July 2011 – the same rate as in June 2011, but slightly lower than the seasonally adjusted unemployment rate in July 2011,…

US PPI rose by 0.2% in July – August report

The producer price index was published yesterday. It showed that the rate of PPI for finished goods inclined by 0.2% (seasonally adjusted) during July compared with June’s figures. This increase is after the PPI fell by 0.4% during June. This…

Euro Area GDP grew by only 0.2% in Q2 2011

The Euro Area GDP grew by only 0.2% during the second quarter of 2011; this slow paced growth is mainly due to the disappointing growth rate of Germany’s GDP by only 0.1% during the second quarter 2011. During the first…

Gold & Silver Prices – Daily Outlook August 3

The bullion market continues to heat up even after the House raised the US debt ceiling; this news strengthened the US dollar against other currencies, but the market seems to raise the ante and continues to bet on gold and…

US consumer confidence slightly rose in July

According to the recent consumer confidence survey in the US, the consumer confidence index has slightly inclined during July compare with June’s index; this index declined during the past couple of months. The index stood in July at 59.5 (195=100)…