Using as basis the currency movements within last two days on the equity and bond markets,
investors have tried to be protected from any losses in case of negative USA figures
According to Eurostat presented data
Spain showed the highest unemployment level in Europe
and it indicates again Spanish economic slump
Japanese Yen is keeping growing against USD and
in the meantime USD essays to break up this trend.
The Euro has traded at 1.2937 and the U.S. Dollar Index has traded at 82.31. Should this concern Americans? The reversal of the dollar VS the Euro should be something to watch. Follow this trend closely as this could be showing money being pumped into the system in Europe. Also, this may indirectly show the U.S. may be having issues with high debt.
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