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German Exports Undermine Trichet Push for Weaker Euro as BASF's Net Surges

Nov. 9 (Bloomberg) -- A decade after the euro replaced the deutsche mark, Germany’s export-driven recovery is undermining European Central Bank President Jean-Claude Trichet’s efforts to slow the currency’s record rise. Full Article at Bloomberg.com

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  1. Nov. 5 (Bloomberg) -- The European Central Bank took its first step toward removing emergency stimulus measures designed to haul its economy out of recession, saying it won’t offer commercial banks 12-month loans next year. Full Article at Bloomberg.com

  2. The euro extended gains against the dollar to hit a session high on Thursday after European Central Bank president Jean-Claude Trichet said the euro zone economy will recover at a gradual pace. Full Article at International Business Times

  3. LONDON (MarketWatch) -- Re-stocking of depleted inventories, a recovery in exports and aggressive stimulus measures should provide support for the euro-zone economy, European Central Bank President Jean-Claude Trichet said Thursday at his monthly news... Full Article at MarketWatch

  4. Nov. 5 (Bloomberg) -- The European Central Bank may today signal it’s moving closer to withdrawing emergency stimulus measures without giving details as policy makers debate an exit strategy, economists said. Full Article at Bloomberg.com

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  1. European Central Bank Chairman Jean-Claude Trichet appears before the Committee on Economic and Monetary Affairs of the European Parliament in Brussels, December 7, 2009.
  2. ST ANDREWS, SCOTLAND - NOVEMBER 06: Jean-Claude Trichet ,President of the European Central Bank, arrives to attend the G20 Finance Ministers meeting at a hotel in St. Andrews, on November 6, 2009 in St Andrews, Scotland.
  3. FRANKFURT AM MAIN, GERMANY - NOVEMBER 24: The logo of the Deutsche Bank is refelcted in a window of the Frankfurt branch of the Swiss banking house Credit Suisse on November 24, 2009 in Frankfurt am Main, Germany.
  4. FRANKFURT AM MAIN, GERMANY - NOVEMBER 21:  Rashad Wright of Berlin (L) plays the ball against Jimmy McKinney of Frankfurt (R) during the Beko Basketball Bundesliga game between Deutsche Bank Skyliners and Alba Berlin at 'Ballsporthalle' on November 21, 2009 in Frankfurt am Main, Germany.
  5. CEO of Deutsche Bank Josef Ackermann (L) and CEO of HSH Nordbank Dirk Jens Nonnenmacher attend the Euro Finance Week in Frankfurt November 20, 2009.
  6. NORTON, MA - OCTOBER 06:  Angel Cabrera of Argentina stands by his bag during the second round of the Deutsche Bank Championship at TPC Boston held on September 5, 2009 in Norton, Massachusetts.
  7. FRANKFURT AM MAIN, GERMANY - SEPTEMBER 23:  The Skyline of Frankfurt is pictured on September 23, 2009 in Frankfurt am Main, Germany.
  8. NORTON, MA - SEPTEMBER 07:  Jason Dufner hits his drive on the second hole during the final round of the Deutsche Bank Championship at TPC Boston held on September 7, 2009 in Norton, Massachusetts.

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