Euro recovers ahead of ECB announcement

Note: This section contains information in English only.
Source: Bloomberg
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17-nation currency appreciated for a second straight day ahead of ECB report about unlimited 3-year bonds. Investors expect ECB to boost purchases of Euro Zone's debt. Euro gained 0.2% against US Dollar reaching $1.3114 in Tokyo trade. European common currency also climbed 0.2% against Japanese Yen attaining ВҐ102.05. Currently EUR/USD is trading at $1.3109 while EUR/JPY is trading at ВҐ101.91.

 

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Wed, 21 Dec 2011 08:10:43 GMT

Aussie and Kiwi appreciate on global stock rally

New Zealand and Australian Dollars surged on Wednesday reaching one-week record high as Asian markets rallied ahead of ECB report about the results of unlimited three-year bonds. Investors are speculating the ECB will prompt debt purchases. Aussie gained 0.8% reaching $1.0157,while Kiwi climbed 0.7% attaining $0.7731. Currently AUD/USD is trading at $1.0174 while NZD/USD is trading at $0.7742.

Wed, 21 Dec 2011 08:06:18 GMT

US stocks rally on less heavy Fed requirements

US markets surge close to 3% on Tuesday after Federal Reserve issued capital proposals which were less burdensome than expected. Dow Jones Industrial Average added 2.87% or 335.73 points finishing at 12,103.58, while S&P 500 Index gained 2.98% or 35.95 points closing at 1,241.30. Nasdaq Composite Index edged up 3.19% or 80.59 points at 2,603.73.

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