April 19th, 2012

Euro Futures – The euro fell against the dollar and pared an advance versus the yen as concern European nation’s ability to fund debt damped demand for the shared currency.

The 17-nation euro fell as yields on Spanish 10-year benchmark bonds and French five-year debt rose at auctions. The yen fell against all its most-traded counterparts as Bank of Japan officials signaled they’ll keep acting to depreciate the currency. The pound reached a 19-month high against the euro amid speculation the Bank of England will pause its stimulus program next month.

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