The dollar edged up 0.1% against the euro and is trading below 1.45/EUR after touching an overnight low of $1.4553.  The euro’s high in June was $1.4696. Greece has averted a default for now with the positive austerity votes of Wednesday and Thursday.  The Swiss franc has dropped 0.6% against the dollar and 0.5% against [...]

10,997 companies participated in the latest quarterly survey of Japan’s central bank.  In the table below which documents the evolution of results, abbreviations used in the first four columns of data stand for big manufacturers (Bm), big non-manufacturer (Bnm), small manufacturers (Sm) and small non-manufacturers (Smn).  Where no “a” or “f” suffix is shown after [...]

Despite great concern about Euroland’s peripheral members, the euro advanced against the dollar in both June and the second quarter.  Among currencies monitored below, the dollar only rose against sterling during June, but the rate of yuan appreciation was much slower than in April or May.  Three-month Euribor rates edged higher in anticipation of a [...]

May consumer price data released yesterday revealed an acceleration of inflation to a 12-month increase of 3.7%, up from 3.3% in April and the most since March of 2003.  The annualized increase of the seasonally adjusted total consumer price series between December and May was also 3.7%.  A 2.4% December 2010 versus December 2009 increase [...]