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Euro boosted by ECB status quo, USD awaits NFP

by Ashraf Laidi
Dec 4, 2014 16:55

The euro rallied across the board as the ECB stopped short of announcing additional stimulus in the way of purchasing sovereign bonds. It was more a case of markets expecting the ECB would hint at sovereign bonds purchases, rather than the ECB having announced something different.  Meanwhile, USD bulls brace for an upside surprise in tomorrow's US jobs report to alleviate today's bruising of the greenback. Full charts & analysis.

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Euro boosted by ECB status quo, USD awaits NFP - Eurusd Usdjpy Dec 4 (Chart 1)

 
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