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Dollar firms, global stocks soar on ECB rate cut expectations

U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest rates but the dollar pared gains against the euro after a report said the German government was prepared to take on new debt to lift the economy. [Source]

Publication Date:

Origin: reuters.com

Category: businessNews

Topics: expectations, dollar, european, stocks, central

Source Link: http://feeds.reuters.com/~r/reuters/businessNews/~3/wr66HYohf1s/dollar-firms-global-stocks-soar-on-ecb-rate-cut-expectations-idUSKCN1V601S

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