Posts tagged trend forex market

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Zea Oil

Following the 8.7% recorded in February, the Euro zone continues to show signs of decay. On the other hand, inflation data are still minimal, registering 0.6% compared to April last year. On May 7 the ECB and try to handle an estimated inflation rate of 2% in addition to reducing interest rates to a potential level of 1.0%. The pound, on the other hand, showed no major changes to the dollar and closed at $ 1.4783. For the third consecutive month, consumer confidence in Britain recorded a rise. Slowly from the lows recorded during the summer, confidence seems to return to the market, so communicated the GfK NOP. JPY – The yen minimum of two weeks ago the BCJ As expected unchanged interest rates and reduced its growth forecast for fiscal year 2009, while Japan’s export sector continues to suffer the effects of global crisis . It is noteworthy that the estimated BCJ said the other major economies could begin […]