Euro pares losses in London

Posted by 7Star Friday, March 5, 2010

The euro pared losses on Thursday after Greece's sale of 10-year bonds drew solid demand, while investors awaited comments from European Central Bank President Jean-Claude Trichet. As expected, the ECB held rates at a record low 1.0 percent, with the market awaiting any comments from Trichet's press conference at 1330 GMT on plans for its gradual withdrawal from emergency lending measures.

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