United States EIA Crude Oil Stocks change increased to -2.37M in July 4 from previous -3.155M

FXStreet.com (Barcelona)

Jul 9, 2014

EUR/USD bounces at 1.3600 and trades back at 1.3625

The Euro found buying interest at the 1.3600 area against the US Dollar and after a short period of consolidation, the EUR/USD rose to trade above the 200-hour MA at 1.3615.

BoE's Shafik: Increase in household debt the greatest risk for UK stability

During her testimony before UK lawmakers, incoming BoE deputy governor Nemat Shafik said that an improvement in productivity could lead to rates remaining low for a longer period of time and added that the BoE shouldn't unwind asset purchases, until rates are high enough to cut if needed.