Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

Euro falls ahead of European Central Bank meeting

Send a link to a friend

[September 05, 2012]  NEW YORK (AP) -- The euro is falling against the dollar ahead of a key European Central Bank meeting Thursday.

Traders are waiting to see if the central bank will offer any details on a plan to help ease Europe's debt crisis. ECB President Mario Draghi said in July that the bank will do whatever it takes to save the single currency, but offered no details.

Draghi canceled a trip to an annual conference of central bankers in Jackson Hole, Wyo. last week. The cancellation boosted hopes that the central bank is working on a plan to help ease Europe's debt crisis.

The euro slipped to $1.2562 in afternoon trading from $1.2597 late Monday. The British pound fell to $1.5873 from $1.5892.

The dollar rose to 78.41 Japanese yen from 78.27 yen.

[Associated Press]

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


< Recent articles

Back to top


News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries

Community | Perspectives | Law & Courts | Leisure Time | Spiritual Life | Health & Fitness | Teen Scene
Calendar | Letters to the Editor