Tuesday, 02 September 2014
|FOREX : JPYEUR|
01 Sep 14 00:00
21:45 | 29/8/14
Wall Street Journal
The annual inflation rate in the 18 nations that use the euro sank further in August, official figures showed Friday, heaping further pressure on the European Central Bank to take more aggressive steps to fuel growth in the euro zone's stagnant economy. more»
The news short-circuited a corrective bounce in the euro, sending the currency hurtling back towards a near one-year low of $1.3152 EUR=. more»
Euro wilts as tensions between Ukraine & Russia flare up. * Euro zone inflation a further risk after German CPI stays low. more»
Sources told Reuters on Wednesday that the ECB is unlikely to take new policy action next week unless inflation figures on Friday show the euro zone sinking significantly towards deflation. That prompted investors to trim very bearish euro positions ... more»
Euro pops up from a near one-year low against USD. * Market reassesses dovish ECB expectations for next week. * Aussie at 3-week highs ahead of capital spending data. more»
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