четверг, 15 марта 2012 г.

Euro slips against dollar after rate cuts

The euro was slightly lower against the dollar Friday as traders digested rate cuts by European central banks and looked ahead to U.S. jobs data for indications on the state of the American economy.

The 15-nation euro bought $1.2773 in morning European trading, down from $1.2793 in New York late Thursday. The British pound was down to $1.4679 from $1.4748, while the dollar slipped to 92.26 Japanese yen from 92.24 yen.

The decline in the pound and euro came a day after both the European Central Bank and the Bank of England cut their interest rates.

Though lower interest rates …

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