Review: The US: Jobless claims came out at 370K, which was slightly below the expected level and hence a positive signal in respect of the job report to be issued today. The Bank of England maintained its interest rate at the record low level of 0.5%. As expected in the market, no further purchases were announced. What happened at the ECB interest-rate meeting: The ECB maintained its rate at 0.75%. The decision to maintain the rate unchanged was a consensus decision, i.e. a few members
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50/50 probability that EURUSD will continue to fall