South Africa Business Confidence Index down to 87.9 in July from previous 89.7
Aug 7, 2014
EUR/USD test of 1.3300 not ruled out after ECB - FXStreet
The ECB meeting due today finds the EUR/USD hovering near its yearly lows, and Pablo Piovano, analyst at FXStreet, comments that a test of the 1.3300 critical level should not be ruled out. According to the analyst, another month on hold is the most likely outcome as the central bank and the markets continue to assess last rate cut and the announcement of the TLTRO.