Euro higher against counterparts on Eurozone optimism, Fed

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Source: Forexpros

On Thursday, the Euro was broadly higher versus its major counterparts in European morning trade, amid another Fed's round of monetary stimulus and optimism about debt crisis in Eurozone. EUR/USD edged up 0.06% to trade at 1.2906, which was close to a 4-month high. EUR/GBP added 0.01%, being traded at 0.8010. EUR/JPY slipped 0.13%, and was traded at 100.29.

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Thu, 13 Sep 2012 13:40:49 GMT

U.S. stock futures fall before Fed decision

U.S. stock futures declined on Thursday, following falls in Asia and Europe, as traders await the outcome of the two-day Fed meeting. Dow Jones futures slipped 23 points to 13,338, after closing at the highest level since December 2007 yesterday. S&P's 500 futures dropped 3.4 points to 1,436.10, while Nasdaq 100 futures depreciated 9.25 points to 2,787.

Thu, 13 Sep 2012 13:09:50 GMT

Treasuries snap loss on Fed

On Thursday, treasuries grew, trimming losses from a 2-day decrease, amid expectations that Fed will announce a further round of quantitative easing later in the day. The benchmark 10-year yield declined by two basis points to reach 1.74% at 10:33 a.m. London time. The 30-year yield also dropped two basis points and reached 2.91%.

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