European stocks closed little change: FTSE 100 5,885.23 -6.93 -0.12%, CAC 40 3,391.29 +0.94 +0.03%, DAX 6,745.28 -12.66 -0.19%

Market news

16 February 2012

European stocks closed little change: FTSE 100 5,885.23 -6.93 -0.12%, CAC 40 3,391.29 +0.94 +0.03%, DAX 6,745.28 -12.66 -0.19%

EURO-DOLLAR: Vaults $1.3100 now as the euro gans a fresh head of steam in the wake of the report that eurosystem is swapping old Greek bonds for new, presumed a precursor to the PSI deal.

EUR/USD Euro updated daily low of $1.3084

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