Euro falls versus dollar - ECB maintaining liquidity operations (Reuters) (04-03-2010)

NEW YORK, March 4 (Reuters) - The euro briefly lost ground against the dollar on Thursday after European Central Bank President Jean-Claude Trichet said the bank will keep its special term, one-month liquidity operations, maintaining the same rate.

This represents an extension rather a withdrawal of extraordinary measures and could be viewed as just a gradual exit strategy instead of an aggressive one, analysts said.

The euro fell as low as $1.3650 from $1.3670. It was last at $1.3668.

Source: Reuters

 
 
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