Euro falls versus its major peers on ECB decision

Source: Bloomberg
The common currency weakened against most of its major counterparts after the ECB President Mario Draghi did not offer sufficient steps to curb the Eurozone debt crisis. The Euro lost 0.6% dropping to 95.30 Yen and fell 0.4% to $1.2180. The Pound rose for the first time in 3 days against the Euro after the BOE decided to keep its interest rate and bond-buying programme unchanged.   
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Fri, 03 Aug 2012 08:27:02 GMT

U.S. treasuries hold top-performing position

U.S. treasuries continued to top-perform among  world's bonds over three straight month before U.S. jobs data, which is expected to show an unemployment rate stagnation at 8.2%. 10-year and longer government securities regained 9.8% in the period, the rise was the biggest among 144 bond indexes. Average 10-year yields were 1.47%, after a record low of 1.38% on July 25.

Fri, 03 Aug 2012 15:55:10 GMT

Wall Street slumped on Draghi's comments

Wall Street fell on Thursday as the ECB announced no plan of action to address Eurozone's debt crisis. The Dow Jones Industrial Index dropped 0.7 per cent, to 12,886.52; the S&P 500 Index tumbled 0.7%, to 1,366.50, and the Nasdaq Composite declined by 0.1 per cent, to 2,917.17. Meanwhile, the ECB is planning to cooperate with governments in bond-purchasing program in order to stimulate Eurozone's economy,

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