05/07/13 ECB may cut the interest rates again to..

ECB may cut the interest rates again to stimulate the economy. EURUSD is in a process of consolidation due too absent of key news from United States. The major news in these hours is the commentary of ECB president Mario Draghi, who said that the slow down of EU economy may push the bank to cut the interest rates again. In Germany is expecting data for Factory orders that may give a signal for interest rates cut. www.World-Signals.com expects slow movements into both directions today as is better to trade within the current support/resistance levels.

« More News