US: ISM Non-Manufacturing PMI rises to 53.1 in March

FXStreet (Łódź) - The US ISM Non-Manufacturing PMI accelerated to 53.1 in March from 51.6 in February, the Institute for Supply Management informed on Thursday. Analysts expected slightly more growth to 53.5.

Apr 3, 2014

ECB's Draghi signals QE could be used to fight stubborn low inflation

As widely expected, the ECB Governing Council decided to keep interest rates unchanged in April, despite the threat of deflation hovering over the Eurozone. ECB head Mario Draghi said during the subsequent press conference that various unconventional measures were considered during the monetary policy meeting.

GBP/JPY breaks below 172.35

The Sterling is currently trading lower against the Japanese Yen as the GBP/JPY is extending losses from 173.17 priced overnight to break below 172.35 and posts fresh lows for today around 172.25.