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View Full Version : Euro Pares Gain Versus Dollar After ECB Unexpectedly Cuts Rate to 1.25% - Bloomberg



NewsWhore
11-03-2011, 03:20 PM
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Euro Pares Gain Versus Dollar After ECB Unexpectedly Cuts Rate to 1.25% (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEskBPdQJFrxE33-asl1285FORfdw&url=http://www.bloomberg.com/news/2011-11-03/euro-pares-gain-versus-dollar-after-ecb-unexpectedly-cuts-rate-to-1-25-.html)
Bloomberg
The 17-nation currency approached a three-week low versus the greenback after new President Mario Draghi lowered the rate by a quarter percentage point to 1.25 percent and said Europe is heading toward a “mild recession.” The euro strengthened earlier ...

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