Speculation on the economic slump in Eastern Europe pressures the EUR/USD
February 5th, 2009
Good morning from beautiful and cold Hamburg. The FOREX-Market will be stimulated today by the rate decisions of the Bank of England and the European Central Bank. It will be expected that the ECB will not change their rate level. In the U.K. some analysts expect a rate cut between 50-100bps. However, we wish you a successful trading day. Market review Speculation on the economic slump in Eastern Europe pressures the EUR/USD on Wednesday. Besides the European retail sales fell 1.6 % in
