Euro declines against Dollar on EU meetings

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Source: Bloomberg
The euro cut earlier gains versus the U.S. Dollar as German Chancellor Angela Merkel and Italian Prime Minister Mario Monti meet in Berlin on Wednesday to discuss ways to curb the debt crisis. The Euro depreciated 0.2% to $1.2542, after touching $1.2574. It slid 0.2% to 79.23 U.K. pence and was stable at 98.57 Yen.
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Wed, 29 Aug 2012 15:23:11 GMT

French business confidence holds near a 2-year low

French industrial confidence stayed near its two-year low in August, increasing weight on President Francois Hollande's government to rebound economic growth. Business sentiment index increased to 90, compared to downwardly revised reading of 89 in July, Insee reported on Wednesday. The reading matched economists' forecast.

Wed, 29 Aug 2012 13:24:09 GMT

German equities fell ahead of US GDP data

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