IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Financial markets await ECB, BoE rate decisions

This article was originally published in Dairy Markets

After rising for four straight days overall and hitting a seven-month peak against the yen and a six-week high versus the euro on Wednesday the dollar retreated on Thursday morning. The greenback was trading at $1 = ¥109.57 and €1 = $1.5431, compared with yesterday's highs of $1 = ¥109.89 and €1 = $1.5412. A fall in oil prices on Wednesday to a new three-month low raised hopes that economic growth would pick up and inflation subside. On Tuesday the Federal Reserve Bank held its Federal Funds rate at 2%.

Topics

What to read next

UsernamePublicRestriction

Register

CO153562

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel