The ECB is borrowing U.S. Dollars from the Fed to bailout European banks. And that is in addition to the Long Term Refinancing Operation (LTRO). However, the "borrowing" is not called "borrowing." ...
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 weighed on ...
U.S. stock futures were surrendering earlier gains. The European Central Bank said it would loan $641 billion to 523 euro-area banks. Oracle’s quarterly earnings and sales come in lower than expected ...
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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