The euro jumped against the dollar on Thursday registered the highest level for three weeks after the German Government with the support of the European proposals for Central Bank Governor Mario draghi to buy government bonds from Italy and Spain for control of high yield bonds.
The euro benefited from the declining pace of contraction of the Italian economy during the second quarter of this year with this recession may be the Italian economy shrank for the fourth consecutive quarter amid worsening sovereign debt crisis in the euro area, which led the Government to adopt austerity policies technocratic to reduce soaring public debt, currently trading around levels 1 pair, 2417 and top record at levels 1, 2432 and minimum at 1, 2432 compared with the opening price at 1, 2,415.
Levels of the pound against the US dollar, taking advantage of the tendency of investors to buy high yielding assets with improved investor risk appetite, and low on basic data showed industrial production in the United Kingdom during the July pace worse than last month, but it's better than expectations suggesting to the poor performance of the industrial sector amid a decline in exports, and with the country in recession for the third quarter, respectively, and is currently traded around the husband, 5656 record levels 1 up when levels 1, 5,084 and minimum at 1, price comparison 5562nd Opening at 1, 5599.
Dollar stable on lowest level since five weeks with hopes of Federal Bank moved near to launch a third round of QE over the past few weeks, and this after recent interest in the
decision its readiness to take further measures and incentives to support the largest economy in the world if needed, and is currently traded on the USDIX index and log up when 82.12 82.40 and lower when compared with the opening price 82.10 when 82.26.
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