Monday - 2014-09-08 World News ECB took actions to fight - TopicsExpress

Monday - 2014-09-08 World News ECB took actions to fight inflation; effecting bond and FX markets. QE, TLTRO, reducing refit rate, & negative deposit facility. For further discussion about England bank and central bank of Japan, they did not change their monetary policy. NFP has recorded 142 K jobs to add which is less than the expected figures of 226K. Sterling got hit by negative news from Scottish voting which is indicating the sentiment support getting away from England and living the Scottish economies welfare Dollar Index Dollar index managed to sustain advance as expected while market jump above 81.75 indicating continues advance where Index now facing 84.40 resistance zone. Above 83.80 market will add more signs for continues advance toward 85.20.

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