Manufacturer Confidence — News Archive

Swedish Krona Falls vs. Euro as Confidence Slips, Rises vs. Dollar

The Swedish krona fell today against the euro, touching the lowest level in a week, after the consumer and manufacturing gauges declined this month, sparking talks about an interest rate cut. The currency advanced versus the US dollar.

South Korean Manufacturers Feel Confident, Won Jumps

The South Korean won climbed today as nation’s manufacturer confidence jumped to the nine-month high and hopes for growth of the US economy boosted prospects for higher-yielding assets of emerging markets.

Euro Strengthens on Positive Economic Reports

The dollar and the yen lost ground against the euro, as an index of services and industrial production in Europe showed better than estimate numbers, creating speculations of an economic recovery in the Eurozone.

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