Daily Forex News: USD is Headed Lower, EUR and AUD Stronger Today, GBP Mostly Steady

Finally European Central Bank Maintains Rates and Initiates Bond Buying, ECB initiative makes euro was stronger today, European Central Bank President Mario Draghi left the key minimum bid rate unchanged and detailed the program of unlimited sterilized purchases of sovereign bonds.

Daily forex news from UK we reporting, UK pound is mostly steady today following the latest, Bank of England decision. GBP is mostly rangebound against other majors, making little changes as Forex traders await the latest plan from the ECB about how to fix the sovereign debt crisis with buying bonds or anything

Daily forex news from New York we reporting, US dollar is headed lower, thanks to the return of risk appetite. The news that the ECB will not cut interest rates is helping the EUR against USD. General risk appetite means that Forex traders aren't looking for safe haven, and that the US dollar is likely to remain lower for a while.

Forex news from Sidney, another positive data makes The Australian dollar rose today, as the unemployment rate unexpectedly fell last month. The currency went higher even as Australian employment shrank, the economic data surprising market participants negatively as they were expecting a moderate increase