Euro hovers near 2-month high on ECB's plan

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Source: Bloomberg
The Euro hovered near a two-month high versus the U.S. Dollar on speculation the ECB will announce today bond purchases to tame the Eurozone's crisis. The Euro touched $1.2612 from the day before, when it climbed 0.3%. The common currency fetched $1.2638 on August 31, the highest level since July. The Euro also gained 0.1% to 98.91 Yen. 
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Thu, 06 Sep 2012 08:27:25 GMT

European stocks rise before ECB press conference

European stocks rose as investors awaited the ECB President Mario Draghi to announce a plan to tame the Eurozone debt crisis. The Stoxx Europe 600 Index gained 0.3% to 266.28. Standard & Poor's 500 Index futures also rose 0.3% today. Draghi will convene a press conference at 14.30 in Frankfurt, after the ECB announces an interest-rate decision.   

Thu, 06 Sep 2012 09:17:33 GMT

Sugar fell on improving crop yields in Brazil

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