STERLING GAINS ON CPI FIGURES Euro soars past $1.30
Jul 15

World stocks slipped from a three-week high on Thursday after the Federal Reserve suggested additional measures may be needed to combat a weakening economy. This in turn has weighed down on price movement with the US Dollar.
Minutes from the Fed’s June meeting showed officials were concerned with the pace of the economic recovery and felt they should be ready to consider additional steps if an already softening outlook took a noticeable turn for the worse.
Concerns about the US economic outlook are weighing on the dollar which trades near a two …


Forex Rate - Forex and Exchange rates

written by Trading Teacher


Leave a Reply