2013年12月16日星期一
activity picking up while uncertainty over the Federal Reserve\'s stimulus
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Euro zone business pick-up lifts euro but Fed holds key
BY ANIRBAN NAG
LONDON Mon Dec 16, 2013 7:53am EST
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Two Euro coins are seen after being minted in the Austrian Mint (Muenze Oesterreich) headquarters in Vienna June 20, 2013.
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Euro zone business pick-up lifts euro but Fed holds key
BY ANIRBAN NAG
LONDON Mon Dec 16, 2013 7:53am EST
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Two Euro coins are seen after being minted in the Austrian Mint (Muenze Oesterreich) headquarters in Vienna June 20, 2013. REUTERS-Leonhard Foeger
1 OF 3. REUTERS-Leonhard Foeger
1 OF 3. Two Euro coins are seen after being minted in the Austrian Mint (Muenze Oesterreich) headquarters in Vienna June 20, 2013.louis vuitton usa Two Euro coins are seen after being minted in the Austrian Mint (Muenze Oesterreich) headquarters in Vienna June 20, 2013.
CREDIT: REUTERS/LEONHARD FOEGER
(Reuters) - The euro rose against the dollar on Monday as data showed euro zone showed business activity picking up while uncertainty over the Federal Reserve\'s stimulus kept investors wary of the U.
CREDIT: REUTERS/LEONHARD FOEGER
(Reuters) - The euro rose against the dollar on Monday as data showed euro zone showed business activity picking up while uncertainty over the Federal Reserve\'s stimulus kept investors wary of the U.S.S.[url=http://www.tustininformationcenter.com title=louis vuitton neverfull gm]louis vuitton neverfull gm[/url] currency. currency.
The euro rose to $1.louis vuitton tote
The euro rose to $1.38 after a report on Monday showed German manufacturing activity and the Flash Euro zone Composite Purchasing Managers\' Index (PMI) both beat forecasts in December.38 after a report on Monday showed German manufacturing activity and the Flash Euro zone Composite Purchasing Managers\' Index (PMI) both beat forecasts in December.
The single currency had earlier dipped to around $1.
The single currency had earlier dipped to around $1.3745 after separate data showed French private-sector activity unexpectedly slowed.3745 after separate data showed French private-sector activity unexpectedly slowed.
\"Admittedly the French numbers were weak, but both the German manufacturing PMI and the composite euro zone numbers were better than expected and that is a relief for the euro,\" said Jane Foley, senior currency strategist at Rabobank.louis vuitton tote
\"Admittedly the French numbers were weak, but both the German manufacturing PMI and the composite euro zone numbers were better than expected and that is a relief for the euro,\" said Jane Foley, senior currency strategist at Rabobank.[url=http://www.tustininformationcenter.com title=louis vuitton usa]louis vuitton usa[/url] \"They could have been a lot worse. \"They could have been a lot worse.\"
The data was not good enough to push the euro to the two-year high around $1.\"
The data was not good enough to push the euro to the two-year high around $1.3833 it reached in October, and Foley said a lot would depend on what the Federal Reserve does this week.3833 it reached in October, and Foley said a lot would depend on what the Federal Reserve does this week.
The odds are the Fed\'s rate-setting committee will make no major policy change when it meets on Tuesday and Wednesday.louis vuitton outlet online
The odds are the Fed\'s rate-setting committee will make no major policy change when it meets on Tuesday and Wednesday. But most recent U. But most recent U.S.S.[url=http://www.tustininformationcenter.com title=louis vuitton outlet online]louis vuitton outlet online[/url] data suggest the Fed will begin to wind down its bond-buying program sooner rather than later. data suggest the Fed will begin to wind down its bond-buying program sooner rather than later.
However, U.louis vuitton tote
However, U.S.S. Treasury bond yields eased on Monday, dragging the dollar index . Treasury bond yields eased on Monday, dragging the dollar index .DXY down 0.DXY down 0.35 percent to 79.louis vuitton usa35 percent to 79.[url=http://www.tustininformationcenter.com title=louis vuitton outlet online]louis vuitton outlet online[/url]936
\"If the Fed refrains from tapering we could see some pressure on the dollar,\" said Alvin Tan, currency strategist at Societe Generale.936
\"If the Fed refrains from tapering we could see some pressure on the dollar,\" said Alvin Tan, currency strategist at Societe Generale.
Highlighting nervousness in the market, euro/dollar one-month implied volatility, a gauge of how choppy a currency pair is likely to be, rose to its highest in five weeks at 7.
Highlighting nervousness in the market, euro/dollar one-month implied volatility, a gauge of how choppy a currency pair is likely to be, rose to its highest in five weeks at 7.11 percent.11 percent.
The euro has risen in recent weeks, tracking higher euro zone money-market rates.louis vuitton usa
The euro has risen in recent weeks, tracking higher euro zone money-market rates. As euro zone banks repay cheap loans to the European Central Bank, the ECB\'s balance sheet should shrink, putting further upward pressure on rates. As euro zone banks repay cheap loans to the European Central Bank, the ECB\'s balance sheet should shrink, putting further upward pressure on rates. In contrast, the Fed, for now, and the Bank of Japan are printing vast sums, weakening the dollar and the yen. In contrast, the Fed, for now, and the Bank of Japan are printing vast sums, weakening the dollar and the yen.[url=http://www.tustininformationcenter.com title=louis vuitton tote]louis vuitton tote[/url]
YEN RECOVERS
The yen rose as investors bought the safe-haven currency after tepid Chinese manufacturing data fuelled concern about recovery in the world\'s second-largest economy.
YEN RECOVERS
The yen rose as investors bought the safe-haven currency after tepid Chinese manufacturing data fuelled concern about recovery in the world\'s second-largest economy. An uptick in Japanese business sentiment supported the yen at the margins, but most analysts said the gains would probably not last.louis vuitton tote An uptick in Japanese business sentiment supported the yen at the margins, but most analysts said the gains would probably not last.
\"The central bank is printing money and the majority of analysts even expect it to increase the volume of bond purchases in 2014,\" Lutz Karpowitz, currency strategist at Commerzbank wrote.
\"The central bank is printing money and the majority of analysts even expect it to increase the volume of bond purchases in 2014,\" Lutz Karpowitz, currency strategist at Commerzbank wrote. \"The yen has everything required to come under further pressure, and Tokyo also welcomes a weak yen. \"The yen has everything required to come under further pressure, and Tokyo also welcomes a weak yen.\"
The dollar was down 0.\"
The dollar was down 0.2 percent at 103.louis vuitton usa2 percent at 103.[url=http://www.tustininformationcenter.com title=louis vuitton neverfull gm]louis vuitton neverfull gm[/url]04 yen.04 yen. The euro was flat at 142 yen, off a five-year high of 142. The euro was flat at 142 yen, off a five-year high of 142.82 yen hit last week.82 yen hit last week.
Data from a U.louis vuitton neverfull gm
Data from a U.S.S. financial watchdog showed speculators\' net yen short positions were near six-year highs last week. financial watchdog showed speculators\' net yen short positions were near six-year highs last week.[url=http://www.tustininformationcenter.com title=louis vuitton outlet online]louis vuitton outlet online[/url]
(Editing by Larry King/Nigel Stephenson)
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KEY RATES
MORTGAGEHOME EQUITYSAVINGSAUTOCREDIT CARDS
See today\'s average mortgage rates across the country.
TYPE TODAY 1 MO
30-Year Fixed 4.
TYPE TODAY 1 MO
30-Year Fixed 4.49% 4.49% 4.30%
15-Year Fixed 3.30%
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5/1-Year ARM 3.42%
5/1-Year ARM 3.46% 3.louis vuitton outlet online46% 3.54%
30-Year Fixed Refi 4.54%
30-Year Fixed Refi 4.48% 4.48% 4.[url=http://www.tustininformationcenter.com title=louis vuitton outlet online]louis vuitton outlet online[/url]29%
15-Year Fixed Refi 3.29%
15-Year Fixed Refi 3.51% 3.louis vuitton neverfull gm51% 3.39%
5/1 ARM Refi 3.39%
5/1 ARM Refi 3.43% 3.43% 3.49%
30-Year Fixed Jumbo 4.49%
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Rates may include points.49%
Rates may include points.
SOURCE: BANKRATE.
SOURCE: BANKRATE.COM
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