Euro Tumbled on ECB Easing, Sterling Even Worse on Scottish Risk European majors depreciated sharply last week as markets were shocked by ECB's easing. Sterling was indeed the weakest one as it also pressured by the increasing support for Scottish independence. While the greenback jumped on weakness of Euro, it's slightly overshadowed by Aussie on firmness of risk markets. Also, the dollar pared back some gains after weaker than expected non-farm payroll. Canadian dollar closely followed in spite of weak job data. In other markets, stocks were firm with European indices boosted by ECB announcement. USD indices were stuck in tight range as markets digest recent bullish run. Full Report Here... | 
|
No comments:
Post a Comment