rate of inflation on 3rd july 2009

Forex - Dollar fell on Monday on expectation of an ECB interest rate hike next month.

The Dollar fell against the Euro on Monday as record euro-zone inflation supported expectations of a European Central Bank interest rate hike next month.Euro zone inflation rose to a record high of 3.7% in May. Analysts said the surge in May's annual euro-zone inflation suggested that a July ECB rate hike was almost certain. An ECB interest rat

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ECB Monthly Bulletin Notes Below-Target Inflation, Deteriorating Global Demand

Frankfurt - Euro zone inflation is expected to remain well below 2% this year and the next, while both global and domestic demand will continue to deteriorate in 2009 before gradually recovering, the European Central Bank said in its monthly bulletin, echoing ECB President Jean-Claude Trichet's introductory remarks.At its March 5 policy meeting, the ECB Governing Council voted to cut its main refinancing rate 50 basis points to a record low 1.5%. The central bank also released its

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Euro Swiss Franc Exchange Rate

HelloGrateful to any forecasts for the currency exchange in question. I had my mortgage changed from euros to francs last January and then the rate was 1.68 and now is below 1.50.Thanks

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