Euro rises as ECB may keep rate stable

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Source: Reuters
The 18-nation bloc currency strengthened on Tuesday trading session amid speculation that the European Central Bank may keep the benchmark interest rate unchanged despite low inflation in the region threatening economists. The Euro jumped against the U.S. Dollar to a level of $1.3926 leaving the $1.3864-$1.3887 range, while it climbed to 141.99 yen.

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Tue, 06 May 2014 13:48:03 GMT

European shares fluctuate as ECB starts its policy meeting

The majority of European equities swung between gains and losses on mild trading on Tuesday before the European Central Bank released its decision whether it maintains the benchmark rates unchanged on Thursday. The London's FTSE 100, the Frankfurt's DAX and the Paris' CAC 40 gauge remained stable following previous gains yesterday, while Spain and Italian markets rose.

Tue, 06 May 2014 11:43:05 GMT

European stocks fall slightly on banking sector earnings

European equities declined slightly in the morning of Tuesday, as analysts evaluate earnings of the European banking sector. Today, earnings for the first quarter of this year were announced by UBS AG and Barclays Plc banks, with the latter dropping 4.3% amid decrease in profit. By 9:00 GMT in London, the benchmark Stoxx Europe 600 Index lost 0.1% to 336.84

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