Central Banks Buy the Euro Zone Some Time

Source: ForexYard Central Banks Buy the Euro Zone Some Time The world's central banks have bought euro zone leaders additional time to come to a political solution after 6 central banks offered increased sources of liquidity. This sparked a rally in equities and the EUR while the USD was down across the board. Economic News USD – US Economic Data Shines A swoon of US economic data releases helped to improve market sentiment yesterday. Initially the market was boosted by the coordinated move by the world's central banks. This was followed by strong private payrolls as the ADP report showed an increase of 206K jobs on consensus forecasts of 131K. Upward historical revisions contributed to the bullish . . . → Read More: Central Banks Buy the Euro Zone Some Time