Thu, 22 Dec 2011 08:13:56 GMT
Dollar rebounds against the Euro on Asian session
The US Dollar climbed 0.8% from 11-month
record high against Euro ahead of ECB president Draghi's speech later today.
17-nation currency maintained yesterday's fall on expectations Standard & Poor's will lower credit ratings for
European nations, while Italy and France prepare for bond auction. On Thursday Asian trade Greenback traded $1.3044.
Currently EUR/USD is trading at $1.3062.