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11 Jun 2014

ECB's Hansson: QE should be explored as an option

FXStreet (Barcelona) - The head of the Estonian central bank and the ECB Governing Council member Ardo Hansson said on Wednesday that quantitative easing should be considered as an option and kept “on shelf for possible use.”

All measures which could be used in the future should be advanced in their technical preparation, the ECB policymaker stressed, although the package introduced by the central bank last week is already substantial.

Hansson also said that Estonia's long-term GDP growth potential was still projected at 3-4%.
Jun 11, 2014

GBP/USD firmer, eyes on 1.6800

The sterling is trading on a firmer note on Wednesday, lifting the GBP/USD to the boundaries of the critical barrier at 1.6800 the figure...
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Jun 11, 2014

GBP surges on better than expected UK jobs numbers - FXStreet

FXStreet Chief Analyst Valeria Bednarik notes that the pound surged strongly against its American rival on better than expected UK employment figures showing unemployment fell to the lowest in more than five years, while unemployment rate decreased to 6.6% even better than expected.
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