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Aug 7, 2014
ECB's Draghi: Geopolitical tensions pose downside risk to Eurozone economic outlook
During the press conference following ECB's monetary policy announcement for August, president Mario Draghi said that that the economic recovery in the Eurozone proceeded at a moderate pace while inflation remained at a low level and unemployment still excessively elevated.
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Aug 7, 2014
USD/JPY attempts to recover, but lacks strength
The USD/JPY attempted to move higher following better-than-expected US jobless claims data, but lacked strength to stage a decent recovery and remained capped by the 102.40 zone.
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