Bank of France Feb. business sentiment came in at 95 vs. 96 expected

March 8, 2012 by · Leave a Comment 

Eur/Usd currently resides at 1.3170 in quiet trading.

rench non-farm payrolls fall 0.1% in Q4 from prior quarter, as expected

March 8, 2012 by · Leave a Comment 

Eur/Usd trades at 1.3175, relatively unaffected.

Bobbys Corner-Open Market-March.2.2012

March 2, 2012 by · Leave a Comment 

Good Morning:

The Euro continues to be under pressure.  The EUR/USD pair was around 1.33 when German retail sales data hit the wires and disappointed.
The number came out at -1.6% when analysts expected a .3% rise.  This data will not be  good for Q1 growth-and it looks like the German population is still very weary of the regions problems-and their shopping habits are showing this to be true.
The unemployment situation In Spain seems to be getting worse-February jobless rose 2.4%, which is truly an awful number, and kept the Euro under pressure.

Asian equity markets dropped,along with Europe.  US Futures are also lower at this time.
Gold, Silver and most metals are lower this morning too.
Oil is trading  at just over $108/bbl.

HAVE A GREAT DAY-WEEKEND & GOOD LUCK

Italy’s 2011 GDP rises 0.4% vs. 0.3% expected by economists

March 2, 2012 by · Leave a Comment 

Eur/Usd trades at 1.3257.

Eurozone PPI up 0.7% from prior month vs. 0.6% expected

March 2, 2012 by · Leave a Comment 

Eur/Usd trades at 1.3255, up about 5 points since release.

German Jan. Retail Sales down 1.6% from prior month vs. 0.5% expected gain

March 2, 2012 by · Leave a Comment 

Eur/Usd dropped10 pips to 1.3290 on news.

Eurozone Final Mfg. PMI as expected 49.0

March 1, 2012 by · Leave a Comment 

Eur/Usd trades at 1.3330, relatively unaffected by news.

French consumer confidence down 0.4% from prior month vs. 0.3% gain expected

February 29, 2012 by · Leave a Comment 

Eur/Usd came off 10 pips to 1.3461 on news.

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