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11/05/09 - Daily Forex Market News from cmsfx.com

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Uploaded by on Nov 5, 2009

ECB and BOE Hold Steady, Market Remain in Ranges
Thursday - November 5th, 2009
Recap: The Bank of England held its benchmark interest rate steady but expanded the size of its quantitative easing program by 25 billion. The ECB announcement held little in the way of surprises, and currency markets remained mainly withing their pre-existing ranges. Traders now await tomorrow's nonfarm payroll report.

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Analyst: Nick Nasad

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