Reuters: US Dollar Report: European stocks, Bunds trim gains after ECB decision

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

European stocks, Bunds trim gains after ECB decision Aug 2nd 2012, 11:50 LONDON | Thu Aug 2, 2012 7:50am EDT LONDON Aug 2 (Reuters) - European stocks and German Bund futures trimmed gains while the euro rose against the dollar after the European Central Bank kept interest rates unchanged at 0.75 percent on Thursday. Traders are now looking to ECB President Mario Draghi's news conference to see if he will deliver fresh crisis-fighting measures after he said last week the central bank would do whatever it took within its mandate to preserve the euro. Bund futures slipped to 143.66 from 143.75 before the decision. The pan-European FTSEurofirst 300 index was last up 0.4 percent at 1,072.27 points after rising as high as 1,076.02 earlier in the session. The euro rose to $1.2285 versus the dollar after the ECB kept rates on hold, from around $1.2264 beforehand. It was last up 0.4 percent on the day at $1.2276.

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