Posted by Ava on 12:12 PM
| Reuters: US Dollar Report | | Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com | |
| Euro hits 7-week high after Fed shows willing to give more QE Aug 22nd 2012, 18:14 NEW YORK | Wed Aug 22, 2012 2:14pm EDT NEW YORK Aug 22 (Reuters) - The euro surged to a fresh seven-week high on Wednesday after minutes from the most recent U.S. Federal Reserve meeting showed a willingness to deliver more monetary stimulus, "fairly soon," unless the economy improves considerably. The euro hit $1.2517, its best level against the greenback since July 5 before dipping back to $1.2500, still up 0.25 percent on the day, according to Reuters data. | |
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