Trading Update
29-May-14, 9:09am: Indices are taking a breather this morning after a good performance ahead of this afternoon’s US GDP data.



Update by Adrien Cohen, Market Analyst,
29-May-14, 9:09am:

ECB Rate Cut Hopes Weigh on the Euro



The euro is slipping ahead of the ECB meeting on 5 June, where traders see it as being more likely that Draghi will cut rates.

Sterling is facing selling pressure as traders ask tough questions about the UK’s roles in Europe following the European election results.



Update by Craig Inglis, Head of Product Development,
02-Jun-14, 8:53am: The Nikkei is seeing some gains this morning as traders wait for this week’s key ECB meeting.



Update by Adrien Cohen, Market Analyst,
02-Jun-14, 9:57am:

Forex Traders Await News from Draghi



With the June ECB meeting coming up this week, the euro is seeing continued weakness on expectations of an interest rate cut.



Update by Craig Inglis, Head of Product Development,