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Wednesday, January 16, 2013

Euro hits 11-month high vs dollar; euro zone output down

Euro up, euro zone output down


Euro hits 11-month high vs dollar as euro zone worries ease
Reuters
Draghi suggested an interest rate cut was off the agenda for now and pointed to signs of improvements in the euro zone economy as well as in financial markets, which set a supportive tone for the euro. Some strategists, however, believe the euro's ...

Euro zone factory output down
Irish Times
The euro zone's debt crisis has driven a vicious cycle of falling business consumer morale and rising, record unemployment that has taken away demand for factory-made goods, ranging from cars to food. While the euro zone avoided a break-up ... If ...

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