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IMF downgrades global growth forecast

The IMF has lowered their forecast for global economic growth for 2015 from an expected growth of 3.8% this year to 3.5%, this down grade comes despite the huge boost to the global economy that came in the form of very low oil prices which on the whole is good for most countries

By Richard Nehme | Jan. 20, 2015 10:56 GMT
Euro continues to benefit from weaker USD
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International News

EUR/USD rallied to a high of 1.1639 against the low of 1.1543 giving a volatility of 0.8% and opened today at 1.1587. The Euro has managed to regain some of its losses from last week ahead of this weeks key ECB interest rate meeting being held this Thursday [...]

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