Greenback turned lower on Eurozone's hopes

Note: This section contains information in English only.
Source: Forexpros
On Tuesday, August 7, the greenback remained lower versus the Euro and other major currencies amid hopes that the ECB will soon make decisive actions to stem the debt crisis in the Eurozone. In order to lower Italian and Spanish borrowing costs, the ECB may soon resume bond-buying program.  The shared currency strengthened against the greenback during today's New York trading session, with EUR/USD adding  0.18% to 1.2422.  The ICE dollar Index was down 0.09 per cent to 82.20.
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