Euro rises to 2-month high on Wednesday

Source: Reuters
© Scanpix/AP
The 17-nation bloc currency appreciated to the highest level in 2 months versus the U.S. Dollar on Wednesday amid speculation that the U.S. policymakers will decide to add more stimulus measures weakening the U.S. currency. The Euro was traded 0.3% higher at $1.3213, the strongest level since February 25 breaking through a $1.3200 reported option barrier.

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Wed, 01 May 2013 14:10:03 GMT

Dollar index falls to 2-month low amid more stimulus

The U.S. Dollar index slipped to the lowest level in two months on Wednesday amid speculation that the Federal Reserve will decide to maintain its bond-purchasing programme in order to boost the economy. The Dollar Index tracking the greenback against currencies of trading partners of the U.S. declined 0.5% to 81.336 earlier on Wednesday New York session and after it

Wed, 01 May 2013 13:48:04 GMT

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