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Euro Bounces Back, British Pound Breaks Out on BoE Comments

Posted 01-13-2010 at 09:59 AM by DailyFX

Tags currencies, dailyfx, euro, forex, trading

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The Euro pared the previous day’s decline against the greenback and rose to a high of 1.4555 during the overnight trade, and the single-currency is likely to hold a narrow range over the next 24 hours of trading as the European Central Bank is scheduled to announce its interest rate decision on Thursday at 12:45 GMT.

Read more: Forex Trading News | Forex Market News http://www.dailyfx.com/forex_market_news/#ixzz0cVLwchda

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