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Market Wrap: Euro and Sterling Tumble, Yen Had a Roller Coaster Ride

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Feb 7, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    It was an extremely volatile day on Thursday with EUR/USD and GBP/USD tumbled nearly 1% after ECB and BOE rate announcements. There was significant change in tone from Trichet after ECB left rates unchanged at 4.00% as widely expected. In the introductory statement in the post meeting press conference, Trichet...

    complete article here...

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