The Italian Treasury saw another successful bond selling to long-term debt as the yield witnessed a decline. The yield on the 10-year notes retreated to 6.98% compared with 7.56% in the previous auction while the 2014 bills recorded a drop in yields to 5.62% from 7.89% in Nov. 29 auction.

After the bond selling, the euro, however, remained to trade lower against the dollar, near the lowest level since April, around 1.2895 compared with the day's opening level of 1.2939.