Sunday, November 21, 2010

Than euro mixed dollar recovers

The US dollar trade traded mixed against major currencies in the late New York on Friday as the euro restored by confidence that Ireland's debt problems could be solved.

Euro fluctuated between 1,365 and 1,370 against the dollar in the most Friday's trading session.

Ireland could received financial support from the euro zone partners but remained unclear for now how much credit required to resolve debt problems.

Federal Reserve Chairman Ben Bernanke, back to critics of the Fed latest bond purchase programme in a Conference at the European Central Bank in Frankfurt taken.His speech helped narrow the U.S. Treasury yields, leading to a decline in the dollar against the yen.

In the late Friday, the increased trade, bought 83.49 yen, compared with 83.45 late Thursday, dollar and euro on 1.3672 1.3627 dollars.

The British pound fell from 1.6004 on 1.5973 US Dollar.Der dollar fell from 0.9965 adjusted 0.9952 against the Franks and fell to $1.0214 1.0183.

Source: Xinhua


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