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View Full Version : Euro Rises Against Dollar as ECB Plans to Buy Covered Bonds - Bloomberg



NewsWhore
05-07-2009, 11:50 AM
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Euro Rises Against Dollar as ECB Plans to Buy Covered Bonds (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Dap6XOHZXyzEE%26refer%3Djapan&cid=1346403930&ei=RQUDSu27CZidkAWCu-WjDw&usg=AFQjCNFqBHwNLzv5sEwHEuYFGdiVDu8OMA)
Bloomberg - Anchalee Worrachate (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Anchalee Worrachate%22&hl=en&ned=us&ie=ISO-8859-1)
The 16-nation currency also rose versus the yen after ECB President Jean-Claude Trichet said policy makers decided “in principle” to buy euro-denominated covered bonds. The bank cut the region&#39;s benchmark interest rate by a quarter point to a record ...


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