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08/07/08 - Daily Forex Market News from cmsfx.com

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Uploaded by on Aug 7, 2008

Euro Slides Following Trichet's Conference, Greenback Continues Strong Rally
Thursday, August 7th, 2008

The BOE and ECB held rates steady, and ECB Pres. Trichet conceded that downside risks are affecting the economy and another hike is probably on hold. The Dollar continued its strong rally seen this week, while the Euro fell against both the Dollar and Pound.

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  • thanks

    odin422 3 years ago

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