Posts Tagged ‘trend change’
Foreign Exchange Market Quotes: Week of 5 to 9.1
January 1st, 2009
Finally, there was a trend change. In this early 2009, the value of the euro in December after his fantastic, it has fallen. The drop is considerable, and its reason can be found at the next meeting of the European Central Bank, to be held on Thursday 15 January, where one can take a decision on a further fall in interest rates. This would play against the value of the euro against other currencies. (more...)
Tags: central bank, interest rates, the euro., trend change