Tag: ECB rate cut

September 05, 2014 BY Gerald Segal

Draghi = Volumes: KCG Hotspot reports its best day in months

We're still in the midst of reporting August FX trading volumes, however in a few weeks we should see a major improvement from the so-far-slow 2014 when September figures roll around. As expected, yesterday's surprise ECB  rate cut caused not just a 1%+ drop in the Euro against major currencies, but also engendered a spike…

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