Euro gains versus Dollar on inflation report

Note: This section contains information in English only.
Source: Reuters
The 18-nation bloc currency advanced on Thursday trading session after a report showed yesterday that inflation in the region increased last month and as the U.S. Federal Reserve meeting may bring no change in its monetary easing program. The Euro traded as much as 0.2% higher at a level of $1.3888 and according to some analysts it may touch the $1.40 level soon.


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Thu, 01 May 2014 14:35:04 GMT

The U.S. Fed cuts its monthly purchase to $45 billion

The central bank of the world's largest economy decided to cut its monetary easing program on the policy meeting on Thursday and it may continue to reduce monthly purchases as the economy improves, a report released after the meeting showed today. The U.S. Federal Reserve reduced the size from $55 billion a month to $45 billion.

Thu, 01 May 2014 14:14:04 GMT

Sterling rises on manufacturing data

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