In a widely expected move this morning, ECB president Mario Draghi announced negative interest rates, the first-ever move for a major central bank. The deposit rate in Europe is now negative 0.10%.
The FTSE 100 ( ^FTSE) moved higher while European indices were mixed on Thursday morning, following a session of fresh record highs on Wall Street.
NEW YORK (Reuters) - The euro fell on Wednesday as doubts set in over whether fresh lending by the European Central Bank would be used to buy struggling euro zone debt, while weak earnings from Oracle ...
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