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Friday, Jun 05, 14:32 GMT

FOREX INFORMER

The Week Ahead

ECB in comfortable position

UniCredit Group − Floor. The ECB held its key interest rate unchanged at a record−low 1.0% at the June meeting. This underscores that the floor – as already previously at other large central banks – has, therefore, probably been reached. In the current (economic) environment, the short−term interest rate level is considered appropriate.

Purchase. The direct purchase of EUR 60 bn in covered bonds, already announced in the previous month, will get under way in July. The central bank is hoping for automatic sterilization of the additional liquidity via lower use of refi transactions – as has already been observed since February.

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Currency Majors Technical Perspective by FXstreet.com Independent Analyst Team

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Featured Education

The Mind of a Trader

Listen to Steven Croft's podcast about trading strategies and psychology matters. Listen now! Here are the topics for this week:

− You Need To Learn How To Dance In The Rain
− When You Find The Right Track... Don't Just Get On... Get Going!
− Enthusiasm Brings About A Triumph
− Thinking Can Make Impossible Become Possible
− Don't Just Look, Make Sure That You Truly See And Understand

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Live Sessions Schedule

Dr.S.SivaramanAsian Session: Live Market Analysis
Expert: Dr.S.Sivaraman
Start: Mon, Jun 8, 05:00 GMT

Type of Session: Webinar


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Press Releases

FXCM Holdings LLC Releases Financial Data

FXCM Holdings LLC continues to make a public release of its balance sheet. The numbers reflect the firm's financial strength and status as of April 30, 2009.

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