Euro Crisis Draghis On

Is your high street bank overcharging you?

The ECB President had upped the ante in the run up to yesterday’s monetary policy meeting but failed to announce any definite measures to tackle the deepening debt crisis, resulting in severe blow to the Euro against the majors. Though Draghi kept hopes of the central bank intervention alive, he transferred the onus on the region’s governments to act first.

Today’s US non-farm payrolls data is likely to be pivotal for risk sentiment, as a weaker reading could reignite speculation of QE3. At home, the BoE maintained the status quo at its policy meeting yesterday and is seemingly vindicated by today’s services PMI which has indicated an expansion, though at a slower pace.

Company Details

Euro Crisis Draghis On

Get a quick quote

Open Account with International Foreign Exchange

International Foreign Exchange are located at:
52 Brook Street, Mayfair, Greater London, W1K 5DS, United Kingdom

Get a Quick Quote

Newsletter Signup to CMT

Sign up to our foreign exchange newsletter to receive news updates directly by email

Compare Money Transfer will not Share your details!

Bank Exchange Rates Comparison

High St Bank Exchange Rate

All Rights Reserved: Copyright 2006 - 2018 Compare Money Transfer Limited offering FCA Regulated Suppliers - 34 New House, 67-68 Hatton Garden, London, EC1N 8JY. +44 (0) 843 357 4882