Risk sentiment has shown a revival in today’s trading session, aided by upbeat French business confidence data and a firm start to the European equity session. This follows the release of dismal manufacturing data in Europe and China yesterday, which had supported gains in the US Dollar. Later in today’s market session, traders are expected to focus on US new home sales data for further clues to future direction. At home, data out earlier today indicated a decline in British consumer confidence. This comes on the back of yesterday’s weak UK retail sales and has strengthened market speculation of further easing measures by the BoE.
Positive French Data Lifts Sentiment are located at:
Hobbs Court, 2 Jacob Street, SE1 2BG
Compare Money Transfer
International Money Transfers for Personal / Private clients
Any business guaranteed better rates than a bank
Make remittance payments. Instant money transfers
Currency Brokers vs your Bank. Bank Exchange Rates.
All Rights Reserved: Copyright 2006 - 2016 Compare Money Transfer Limited