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    MORNING BELL: Euro in the doldrums on ECB easing views

    The euro remained shaky early on Thursday, having slid to its lowest in over seven months on the prospect of further policy stimulus from the European Central Bank (ECB). ECB officials told Reuters they are considering options such as whether to stagger charges on banks hoarding cash or to buy more debt, ahead of next week's policy review. While the ECB declined to comment, the market impact was swift. German 2-year government bonds rallied, sending yields to a fresh all-time low of negative 0.4 percent. The common currency skidded as far as $1.0565 EUR=, reaching a low not seen since mid-April. It last traded at $1.0619. Against the yen, it touched a seven-month low of 129.77 EURJPY=R before edging back to 130.30.Traders expect a more subdued session on Thursday, with U.S. markets shut for the Thanksgiving Day holiday.

    Gold futures ended modestly lower in preholiday trade Wednesday, weakening after a deluge of U.S. economic data did little to dampen expectations of a rate increase by the Federal Reserve as early as next month.

    Oil futures ended modestly higher Wednesday, erasing an earlier decline after data showed a further drop in the number of U.S. oil rigs.

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     


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