(Bloomberg) -- The euro gained to a record against
the yen and a one-week high versus the dollar on speculation
European Central Bank President Jean-Claude Trichet will today
signal policy makers will keep pushing interest rates higher.
Europe's currency rose against the yen as the extra yield
on German two-year debt over Japanese notes widened to the most
in five years, boosting the appeal of euro-denominated assets.
Interest-rate policy in Europe is ``accommodating'' for further
economic growth, ECB official Jose Manuel Gonzalez-Paramo said
today, signaling borrowing costs have room to rise.
Read more at Bloomberg Currencies News
the yen and a one-week high versus the dollar on speculation
European Central Bank President Jean-Claude Trichet will today
signal policy makers will keep pushing interest rates higher.
Europe's currency rose against the yen as the extra yield
on German two-year debt over Japanese notes widened to the most
in five years, boosting the appeal of euro-denominated assets.
Interest-rate policy in Europe is ``accommodating'' for further
economic growth, ECB official Jose Manuel Gonzalez-Paramo said
today, signaling borrowing costs have room to rise.
Read more at Bloomberg Currencies News
No comments:
Post a Comment