Euro rises before ECB meeting

Note: This section contains information in English only.
Source: Bloomberg
The Euro strengthened on Thursday rising against the U.S. Dollar before a policy meeting of the European Central Bank that may show whether the policymakers take further steps in order to fight falling inflation in the area. The Euro rebounded from the lowest level in a month versus the Greenback and was last 0.24% higher at $1.3609.

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Thu, 09 Jan 2014 11:18:08 GMT

China's CPI eases to 2.5% in December

Inflation in the world's second largest economy measured as consumer price index eased more than economists originally expected in December despite the country's central bank's policy of reducing liquidity of local banks, a report revealed by the National Bureau of Statistics showed on Thursday. China's CPI slowed to 2.5% in December, the least in seven months.

Thu, 09 Jan 2014 10:54:04 GMT

U.S. Dollar falls before ECB and BoE policy meetings

The U.S. Dollar declined on Thursday falling against the Euro and the British Pound as investors awaited results of the European Central Bank and the Bank of England policy meetings forecast to maintain interest rates unchanged. The Greenback slipped against the Pound to $1.6469, while it declined 0.3% versus the 18-nation bloc currency to $1.3600.

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