| Sep 2 2010, 21:43:55 GMT | Sydney: | 07:43 | Tokyo: | 06:43 | Barcelona: | 23:43 | London: | 22:43 | New York: | 17:43 | San Francisco: | 14:43 |
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Right now, the euro has dropped, slumping the most it has in about four years. The concern is mostly centered around the fact that the ECB president Jean-Claude Trichet's remarks about the eurozone economy did not bolster confidence in the future.
While the ECB rate remains on hold for now, analysts and investors are starting to wonder if it might be cut by year's end. Such a move would only send the euro lower in the forex trading forecast.
See Also
- Euro in Currency Trading
Forex trading forecast and news - More on the Euro Forex Trading Forecast
Euro and interest rates
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