Filed Under:
Monthly Macro Highlights
  • A Softer Landing for Europe. The European Union (E.U.) reached an agreement to bailout Greece, while Germany's economy continues to evade a recession. But several key risks remain on the horizon that could derail the euro's temporary high.
  • U.S. Recovers, Dollar Doesn't. The United States (U.S.) economy appears to be picking up steam, with lower unemployment, higher consumer confidence and a great PMI reading. However, the Federal Reserve is still keeping a dollar rise at bay.
  • Japan Faces Some Big Hurdles. Asian currencies have gained ground amid the turmoil in the West, with the notable exception of Japan, which has seen a dramatic decline in its gross domestic product (GDP) during the fourth quarter.
  • Franc Causes a Swiss Slowdown. Switzerland has seen a sharp slowdown in its exports, as well as a drop in its consumer prices, amid the strength of its currency. However, the 1.20 price floor is holding for the euro and other currencies remain stable, for now.
  • Britain Sees Mixed Success. Britain's businesses seem reluctant to invest in a recovery, despite some positive initial signs, but its currency is being held down by a new £50 billion stimulus package by the Bank of England (BOE).
SEE: Forex History and Market Participants


Next: Investopedia's Forex Outlook For March 2012: Eurozone Headlines »


comments powered by Disqus
Trading Center