FXstreet.com (Buenos Aires) - Dollar ends another day mixed across the board, after Gbp, Aud and Cad appreciate to multi weeks high and remain close to those levels, while Japanese Yen, Swiss Franc and specially Euro that came under pressure Wednesday with a pullback in assets associated with risk and on mounting expectations for non-standard policy measures from the ECB, lost ground. Despite the European currency remains bearish, further losses were halted by a late rally in Wall Street, that after a negative starting, managed to close the day gaining 109 points, again barely above the 8000 points level, still struggling to define a trend. Fed's Beige book, released late in the American afternoon, show that 5 of the 12 districts noted a moderation in the pace of decline, and several signs that activity is some sectors was stabilizing at a low level. Despite that, manufacturing activity weakened across the country. Beige book also show housing markets remained depressed overall, but there were some signs that conditions may be stabilizing.
For more information, read our latest forex news.