Euro touches 7-week high on speculation over Fed's new bond-buying scheme

Note: This section contains information in English only.
Source: Reuters
© Scanpix/AP
The Euro touched the strongest level in seven weeks versus the U.S. Dollar on Wednesday, propped up by efforts to address the debt issues in Spain and Greece, whereas speculation over a fresh bond buying programme by the Fed weighs on the greenback. The Euro climbed to $1.3125, the highest since mid-October and last traded at $1.3110, up 0.15% from U.S. level.  

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