The U.S. dollar's weakness against the euro does not seem to be affecting European export growth, analysts said. Eurozone exports increased in October for the seventh time in eight months, Markit Economics said. "The impact of world trade on euro-area gross domestic product is more than three times larger than that of exchange-rate movements," said Silvio Peruzzo, an economist at Royal Bank of Scotland. "In the euro area, world demand matters more than the currency."
Published in Brief: