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British recovery more credible on expectations of 1Q 2014’s 1% GDP

Monetary Policy Committee officials agreed U.K.'s economic recovery appears to be gaining momentum, and expect the economy to have expanded by about 1% in the first quarter of 2014

By Richard Nehme | April 24, 2014 10:49 BST
Euro continues to benefit from weaker USD
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International News

EURUSD continued to trade within a tight trading range yesterday only managing a 57 pip movement throughout the day. The Euro found some initial support from positive German data and managed to post a high of 1.3854 during morning trade, but closed close to support of 1.3905 (April 11th high). This morning the pair opened at 1.3817 and has edged slightly higher to 1.3823 at 08.21 [...]

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Credit: Graal on Facebook

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