News Column

BOURSE AFRICA (for 7.2.2014)

February 11, 2014

Euro/dollar futures and contracts for difference (CFDs) attracted market participation on Friday in the wake of some crucial data releases. The single currency declined after Germany's constitutional court argued that the European Central Bank's bond purchase programme, known as the outright monetary transactions programme, probably exceeded the central bank's powers. However, a disappointing US employment report raised concerns that momentum in the biggest economy was slowing. This immediately pushed the dollar into negative territory. Gold futures and CFDs edged steadily higher.

Pretoria News

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Source: Pretoria News (South Africa)

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