The price action of the past 10 years shows that while Japanese investors have been sellers of foreign securities from January to March, this has not been consistent with a strengthening of the yen.
The euro rallied from mid-May to early June on the slower U.S. growth story.
The headline (number) was clearly disappointing, but it remains to be seen whether weakness in the Philly Fed will be reflected in the national ISM index and whether this is a temporary phenomenon or a more permanent decline in the business outlook.
The euro is doing fine, ... It is consolidating, but in general will continue to strengthen.
The jobs report only goes part of the way toward confirming slower U.S. growth, ... It is not enough to push the euro up to 97 cents anytime soon.
The situation for Japan's life insurers raised concerns about the financial sector in general, as well as the implications it could have for the Japanese economy.
The vast majority of recent comments by ECB officials showed a true reluctance to intervene.
In recent years, the U.S. economy has consistently outperformed expectations.
The euro will go up, ... Market participants are waiting for more consistent evidence of a U.S. slowdown.
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