Hungary Budget Balance: -37.5B (July) vs -132B

FXStreet.com (Barcelona)

Aug 7, 2014

ECB's Draghi: Geopolitical tensions pose downside risk to Eurozone economic outlook

During the press conference following ECB's monetary policy announcement for August, president Mario Draghi said that that the economic recovery in the Eurozone proceeded at a moderate pace while inflation remained at a low level and unemployment still excessively elevated.

USD/JPY attempts to recover, but lacks strength

The USD/JPY attempted to move higher following better-than-expected US jobless claims data, but lacked strength to stage a decent recovery and remained capped by the 102.40 zone.