Thursday, July 10, 2014





Euro falls after ECB cuts economic forecast


February 19. 2013 8:52PM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) The euro is falling against the dollar after the European Central Bank cut its forecast for economic growth next year for the 17 countries that use the euro.


The euro fell to $1.2963 Thursday from $1.3079 late Wednesday.


ECB chief Mario Draghi said that weak activity is expected to extend into next year, with a gradual recovery later in 2013.


In other trading, the British pound fell to $1.6046 from to $1.6099.


The dollar was little changed against the Japanese currency, edging up to 82.36 yen from 82.35 yen. It rose to 0.9331 Swiss franc from 0.9262 Swiss franc.


The dollar rose to 99.14 Canadian cents from 99.13 Canadian cents.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds