Euro gains on Spanish bailout speculation

Note: This section contains information in English only.
Source: Bloomberg

On Friday, the Euro was traded higher versus the U.S. Dollar on speculation that Spain will soon request for bailout, starting ECB bond purchasing program. The 17-nation currency grew by 0.3% versus the greenback, reaching $1.2964 by 10:10 a.m. in London. Earlier in the week, it fell to $1.2826 on Thursday, which was the lowest since October 1.

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Fri, 12 Oct 2012 13:28:58 GMT

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