Today's decision by the European Central Bank to leave its key policy interest rates unchanged was universally expected. That is not to say that the policy outlook is completely clear cut. Today's surprise rate cut by the Swedish Riksbank and growin forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The June Market Sentiment‏ forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The U.S. labor market continue to suffer from great weakness, as rising unemployment continue to undermine economic growth in the world's largest economy, in addition to tightened credit conditions, and diminishing wealth, as all continue to weigh d forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The refinancing rate was unchanged at 1.0% as expected. Trichet did not signal that further rate cuts are in the pipeline, although he did again say that the governing council had not decided that 1% is the lowest level. With inflation in negative t forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The U.S. trading week is ending in completely the opposite fashion to its demure start thanks to yet another resounding number of jobs lost during the month of June. As a result of a payroll report reading 467,000 losses and 100,000 more than antici forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The ECB has left rates unchanged at 1.00% as expected. There has been some broad based USD buying overnight and we suspect that the price action can be... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The Euro has steadily traded lower reaching below 1.4090 ahead of the ECB rate decision but has started to consolidate despite the Euro-Zone unemployment... forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury
The dollar was already on the back foot as the European session got under way following extremely dovish comments from Fed's Janet Yellen. European PMI data also seemed to favour the respective currencies over the greenback, with EU PMI at 42.6 vs. forex news :: view details »

comments Discuss  
addto Add this link to...  recommend Tell a friend   report Bury