posted byFiboFX 1178 days ago
in USD, EUR, Dailymade popular 1178 days ago
On the other hand, the European Central Bank decided to cut interest rates by 50 basis points to 1.50%, the lowest level since Euro's inception. At the post decision press conference, ECB President Trichet reported the drastic revisions in growth made by the ECB staff. Furthermore, Trichet said they were concentrating on non-standard measures that