European Monetary Union ECB Interest Rate Decision meets forecasts (0.05%) in July 16

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Jul 16, 2015

ECB could add to the EUR decline – TDS

In the opinion of strategists at TD Securities, today’s ECB meeting and subsequent press conference by Draghi could put the EUR under further downside pressure...

NZD/USD bounces-off 0.6499

The New Zealand dollar was battered by the American dollar in European session, knocking-off NZD/USD to fresh six year lows just below 0.65 handle. The Kiwi was relentlessly sold-off as downbeat NZ inflation figures coupled with tumbling dairy prices added to the speculation that the RBNZ will cut rates next week.