Euro Moves Lower amid ECB Speculations
Speculations that the European Central Bank (ECB) is considering cutting euro-zone interest rates in the near future turned the EUR/USD moderately bearish during mid-day trading yesterday. A lack of significant international economic indicators resulted in little other movement among major currencies and commodities over the course of the day. Today, traders will want to pay attention to the euro-zone Retail Sales and Unemployment Rate figures, both … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards