«Even with
recent economic softness, this is a disappointing performance with home sales being held back by overly restrictive loan underwriting standards,» he said.
Not exact matches
Despite the
recent softness in data — the Citi
economic surprise index for the eurozone is now at its lowest since June 2012 — markets remain stubbornly bullish on the euro with overall bets still near record highs as longer - term expectations remain optimistic.
The
softness of European
economic activity has stirred the complacency of
recent buyers of EUROs and caused some unwinding of the EUR / YEN and EUR / GBP cross rates.