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Euro Weakness Looking To Hold
by admin
21 May 2012 at 12:33pm
On the Forex markets this morning the Euro around was struggling to regain a foothold beyond the $1.27 area against the Dollar. Staying virtually unchanged from its level on Friday, the dollar at 1.2692 euro (+ 0,08%). A low of 1.2642 dollars was hit this morning, against a peak at 1.2708. No significant movements to report against the ye Read more ...
Euro Down Slightly After Weekend On Spain Worry
by admin
1 May 2012 at 4:41am
Yesterday the euro was down slightly compared to the U.S. dollar, 1.321 to 1.325 dollars compared to last Friday, particularly affected by the disturbing news growing on Spain. The Spanish economy has again contracted by 0.3% in real terms in the first quarter 2012 compared to the last of 2011, according to the National Statistics Institu Read more ...
Euro Stability Still A Concern On Forex Markets
by admin
24 Apr 2012 at 8:13am
Parity between the euro / dollar is now almost perfectly balanced on the currency market: at around 13:00 hours, the euro was trading at 1.3156 (- 0.01%). Slightly increased towards the yen to 106.9. Nothing to report in the forex market on the state of the euro / Swiss franc, which is stable at 1.2021. ‘We expect fu Read more ...
Euro Mixed Against All Other Majors
by admin
18 Apr 2012 at 7:53am
The single currency was losing again today, dropping below $1.31 (EUR/USD) on Wednesday afternoon, amid persistent doubts about the sovereign status of Europe. At this time, the euro yield is 0.42% against the greenback at 1.3073 dollars per euro. The IMF reviewed yesterday, downgrading its growth forecast for Spain in 2012, which shows a Read more ...
Fed Keeps Rates Low ? Euro Seems Without Trend
by admin
14 Mar 2012 at 6:40am
The single European currency remained without a major trend against the U.S. dollar in the wake of a highly anticipated meeting of the Monetary Policy Committee of the Fed, whose tone lately has been quite positive for the Dollar. The Euro dropped yesterday afternoon from 0.04% to 0 Read more ...
Bernanke comments causes sell off
by Tom
1 Mar 2012 at 4:55am
Market sentiment received a bit of a boost yesterday when the results of the ECB?s long-awaited second long-term liquidity operation (LTRO) showed strong demand for the cash from European banks. The ECB lent 800 banks ?529.5 billion, somewhat above the ?450 billion that the market had been anticipating and the ?489 billion lent to 523 fi Read more ...
Euro firm however downside risks remain
by Tom
28 Feb 2012 at 8:36am
Today the euro remains firm versus the dollar and sterling, trading in relatively tight ranges despite the announcement from ratings agency Standard & Poor?s that it is cutting Greece?s long term credit trading to selective default. Such a move was already expected and indeed factored in, though yesterday?s comments from EU Commission Read more ...
Euro upside following Greek deal
by Tom
22 Feb 2012 at 9:34am
Having retreated from near two-week highs as optimism over the long-awaited Greek bailout deal faded to be replaced by underlying concerns over growth and implementation risks, the euro has traded in a relatively tight range versus the dollar over the past 24 hours. Parliaments in three countries (Germany, the Netherlands and Finland) must now a Read more ...
Euro upside following Greek Deal
by Tom
21 Feb 2012 at 9:20am
The euro gained some ground in early morning trade briefly breaking through key resistance after eurozone finance ministers finally sealed the details of a second ?130 billion bailout package for Greece. There was also agreement on the details of Greek?s deal with private sector investors, who are now expected to take a haircut in excess of Read more ...
Euro sold as Greek Deal lingers
by Tom
16 Feb 2012 at 4:35am
The euro started yesterday with a firmer tone on the news that China would continue investing in euro debt and pledges from the Greek opposition Conservative Party to commit to tough austerity measures. This was before the latest twist in the on-going Greek debt saga saw renewed pressure on the single currency, which has fallen back to trade at Read more ...

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The Federal Reserve Bank of Atlanta and the other eleven Reserve banks play an important part in all three of the Fed's functions--monetary policy, bank supervision and regulation, and the operation of a narionwide payments system

Georgia employment on my mind
22 May 2012 at 3:32am
In terms of employment, Georgia enjoyed a pretty robust April, with several hard-hit job sectors showing signs of recovery. SouthPoint looks at the state's employment situation to see where gains and losses occurred.
Monetary Policy Limits: Federal Reserve Actions and Tools
21 May 2012 at 3:32am
Atlanta Fed President and CEO Dennis Lockhart discusses the limits of monetary policy from three angles at the Institute of Regulation and Risk, North Asia, in Tokyo on May 21.
Cramming and bill-to-mobile payments: Managing the risk
21 May 2012 at 3:32am
You can now pay for certain small transactions by applying charges to your mobile phone bill. Fraudsters are also trying to apply their own charges--to your bill. The industry can mitigate some risk, but you can help by carefully reading your bill, suggests this week's Portals and Rails.
Manufacturing employment: A longer view
18 May 2012 at 3:32am
The Southeast's manufacturing sector has experienced impressive gains in per-worker productivity even as the number of people employed in manufacturing has declined significantly in recent years. SouthPoint looks at the region's evolving manufacturing employment.
Banks Ease Lending Terms in First Quarter, Survey Says
17 May 2012 at 3:32am
Financial Update - Volume 25, Number 2. Loans were a bit easier to come by in the first three months of the year, according to the Federal Reserve's senior loan officer survey. The quarterly survey, which covers 58 domestic banks and 23 foreign banks with U.S. operations, also reported stronger demand for loans.
Longer-term deflation probabilities about the same
17 May 2012 at 3:32am
Prices of Treasury Inflation-Protected Securities (TIPS) with similar maturity dates can be used to measure probabilities of a net decline in the consumer price index over the five-year period starting in early 2011 or the five-year period starting in early 2012. One measure of the probability of deflation for the 2012-17 period was 11 percent on May 16, the same as a week earlier. The deflation probability for the 2011- 16 period also remained at 11 percent.
Is inflation targeting really dead?
17 May 2012 at 3:32am
Some economics observers are ready to declare inflation targeting dead. Not so fast, maintains macroblog, which argues that flexible inflation targeting offers benefits in an environment of unforeseen supply shocks.
Cooperating competitors? Yes, when it comes to payment standards
14 May 2012 at 3:32am
Private firms generally work together to develop payment standards through membership organizations. Portals and Rails asks: do standards increase competition in the payments industry by leveling the playing field? Or do they inherently favor the companies that most influenced their development?
Atlanta Fed Working Paper Explores Causes of the Foreclosure Crisis
14 May 2012 at 3:32am
Why did so many mortgage borrowers and investors make bad decisions? A working paper by economists Christopher Foote, Kristopher Gerardi, and Paul Willen offers two opposing narratives in response to this question. It then presents 12 facts that refutes one of them.
Econ Ed Live! Online Learning from the St. Louis Federal Reserve
11 May 2012 at 3:32am
Looking for online courses for your students? The St. Louis Federal Reserve's award-winning collection of new and improved resources will help bring economics lessons to life with online courses and more. Watch as they continue to add new online courses.
Labor force nonparticipants: So what are they doing?
11 May 2012 at 3:32am
People exit the labor force for a variety of reasons, and some of these people eventually rejoin the labor force. A new macroblog post looks at recent trends in labor force participation rates and what they might allow us to infer about the future workforce.
Signs of rebuilding in housing?
11 May 2012 at 3:32am
The recession bruised the Southeast's housing market, and it has struggled to regain its footing in the recovery. However, signs of a renewal are appearing, according to Atlanta Fed research. SouthPoint examines some recent survey feedback.
The Devil's in the Tail: Residential Mortgage Finance and the U.S. Treasury
10 May 2012 at 3:32am
Partners Update - May/June. Opinions vary about the appropriate role of the federal government in the future housing finance system. A research paper presented at the Atlanta Fed's 2012 Financial Markets Conference provides an assessment of policy proposals that have been offered.
Regional manufacturing remained strong in April
10 May 2012 at 3:32am
Southeastern manufacturing continued showing momentum in April, flexing its muscle as the sector adds jobs and production. SouthPoint looks at recent indicators to place the gains in perspective.
Southeast Economy Gains Some Ground in March
10 May 2012 at 3:32am
The Southeast economy continued to make steady gains in March, according to the latest release of the Atlanta Fed's Data Digest. The monthly report points to recent improvements in labor markets and sales tax revenues, but also reports declines in manufacturing activity.
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INSIDE ASIA; A Change in the Asian Equation

31 Jan 2012 at 12:00am  SINGAPORE -- Central bankers in Asia have yet another reason to hesitate now that the U.S. Federal Reserve looks likely to keep interest rates low for longer. Indonesia, Thailand, Australia and the Philippines have all cut interest rates at least once in the past three months to try to shore up economic growth, and many economists predict that...

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LETTER FROM EUROPE; The Move by Scotland to Go It Alone

17 Jan 2012 at 12:00am  LONDON -- You are driving north. The highway skims by major cities -- Birmingham, Manchester -- until a barrier brings progress to a halt. A new international frontier straddles the road. There are passport checks, barbed wire revetments, currency exchange booths, customs controls, a gate reminiscent of Checkpoint Charlie in Cold War Berlin,...

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Afghanistan Widens Effort to Recoup Bank's Assets

4 Jan 2012 at 12:00am  KABUL, Afghanistan -- The Afghan Central Bank said Tuesday that the government was stepping up efforts to recoup public money lost more than a year ago in the collapse of Kabul Bank, the nation's largest private financial institution. The development may hearten the Afghan government's international backers, like the United States, by showing that...

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