EURUSD tumbles down to 1.3945
Thursday, 8 September 2011 04:21
More inividuals filed for unemployment for the first time this weekas unemployment claims were just released in the United States. Jobless claims rose from last week’s 409,ooo to 414,000 while economists’ expected the index to fall to 407,000 this week.
Read MoreECB president Trichet speaks; Jobless claims up to 474K
Thursday, 5 May 2011 03:56
European Central Bank news conference about Interest Rates has started. Trichet is giving a speech saying that ‘underlying economic momentum remains positive’ and that he sees an ‘upwards pressure on inflation’. Stating also that ‘Risks to euro zone inflation remains on upside’ and that inflation is to hike over 2% in the coming months, assuring that ECB is ‘monitoring developements very closely’.
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