- American focus: the euro still show weekly growth versus dollar
Market news
17 August 2012
American focus: the euro still show weekly growth versus dollar
retreated from session low versus dollar amid optimism that European leaders are moving closer to agreement on solving the region’s debt crisis.
The euro has been buoyed by suggestions that the ECB will buy bonds as soon as anyone comes to the European Financial Stability Fund to ask for help.
Canada’s dollar weakened against its U.S counterpart for the first time in four days as inflation slowed in July, adding to evidence the nation’s economy is moving away from full capacity.Market Focus
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