Market news
13.01.2011, 11:44

EU focus: the euro held three days of gains against the dollar

The euro held three days of gains against the dollar amid optimism European leaders may take action to quell the region’s debt crisis.
The franc weakened against its 16 most traded counterparts after Swiss central bank Vice President Thomas Jordan said the currency’s renewed ascent against the euro is posing a threat to economic growth.
Australia’s dollar fell after a government report showed the nation’s employers added fewer jobs in December than economists predicted. South Korea’s won strengthened to a two-month high after policy makers lifted borrowing costs to curb inflation.

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