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Forex Flash: Aus April services PMI another weak data - Westpac

Australia’s data calendar offers limited guidance ahead of Tue’s RBA meeting, comments Sean Callow, FX strategist at Westpac, "where pricing is now above 50%, with -14bp priced in, -60bp in total (Feb 2014)" he says.
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Forex: EUR/USD volatile day ends with sharply lower close

It was a volatile day for the EUR/USD, which opened the session at 1.3184 and at one point immediately after the ECB rate announcement traded as high as 1.3243. However, the pair was unable to sustain gains and quickly reversed downward during the course of Mario Draghi’s press conference, finishing the day 123 pips lower at 1.3061.
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