Forex | Forex | The euro was firmer going into the ECB rate decision this morning (03/09/2009 14:30:04)

The euro was firmer going into the ECB rate decision this morning

Market Summary The US dollar is retreating across the board as the ‘risk aversion’ mode gives way to a more positive market sentiment. The link between economic data and FX remains tentative at best, while equities remain the best guide to intraday currency moves. Part of the euro’s firmer tone this morning was also attributable to expectations of positive growth and inflation revisions by the ECB and hopes for some hawkish hints from the ECB President Trichet. In the event, Trichet stuck with


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