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 <title>Bobby&#039;s Corner-Market Open 5.8.2008</title>
 <link>http://forex.fxdd.com/trading-news/3950/bobby%2526%2523039%3Bs-corner-market-open-5.8.2008</link>
 <description>&lt;p class=&quot;MsoNormal&quot;&gt;Thursday May 8, 2008&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;Good Morning:&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;Both the ECB (European Central Bank) and BOE (Bank of England) left their benchmark interest rates unchanged this morning.&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;The Euro lost ground as speculation mounts that the ECB may need to lower interest rates in the near future to combat a slowing economy.&lt;span&gt;  &lt;/span&gt;The markets will be waiting for the statement from the ECB regarding future interest rate movements.&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot;&gt;The GBP was a touch stronger as the BOE left interest rates unchanged as they monitor the impact of past interest rate cuts.&lt;/p&gt;
&lt;p&gt;&lt;a href=&quot;http://forex.fxdd.com/trading-news/3950/bobby%2526%2523039%3Bs-corner-market-open-5.8.2008&quot;&gt;read more&lt;/a&gt;&lt;/p&gt;</description>
 <comments>http://forex.fxdd.com/trading-news/3950/bobby%2526%2523039%3Bs-corner-market-open-5.8.2008#comments</comments>
 <category domain="http://forex.fxdd.com/category/blog-topics/dollar-rally-continues%21">Dollar Rally Continues!</category>
 <pubDate>Thu, 08 May 2008 08:20:36 -0400</pubDate>
 <dc:creator>Bob Slade</dc:creator>
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