News

Draghi Comments Send Euro Lower

May 03, 2013 at 8:55 AM

• Sterling comes close to 18 week high vs euro as ECB cuts rates 
• ECB cuts key interest rate to record low of 0.5% as recession lingers
• UK construction data suprises to the upside to support the pound

• Dollar gains against the majors ahead of key nonfarm payrolls data

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