Topic: Forex News - Forex - Euro Shows Mixed Versus Most Majors [EUR/USD] - RTT News

RTTNews - Currency Trading, Currency Market Update, Trading Opportunities, US Market Update . Trading took place as the Bank of England lowered its key interest rate by 25 basis to 5 percent, as expected. Traders continued to mull news from early Wednesday, as the Board of Governors of the Japanese central bank voted unanimously to keep the rate unchanged for the fifth straight meeting, in line with expectations. At the same time, a trade balance report showed revealed a trade deficit of 62. Financial Economist Brian Bethune noted Thursday that the trade deficit widened sharply to $62. All told, therefore, we are still looking for a decline in first quarter real GDP of close to one or two tenths of a percentage point, with net exports contributing close to 1% to growth and keeping the economy from falling into a more serous downturn. read more

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