posted by Admin on Feb 4
The euro continues to trade at circa 1.385 against the dollar as comments emanating from the IMF states that they would be prepared to help Greece if necessary, but they are confident that the Greeks will be able to deal with their financial crisis without intervention. The Greek government has put together a three-year plan to repair their economy.
Market News
Both the UK and Eurozone had rates left unchanged at 0.5% and 1% respectively
The Bank of England have halted their quantative easing programme after 11 months of asset buying
The Dollar Index rallied against a basket of other major currencies
Please note that we are scheduled to see non-farm payroll figures released tomorrow ahead of the opening bell
Major Economic News
TIME MARKET DATA
1330 Initial Claims
