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FOREX-Euro gains as bank relief offsets ECB stimulus

The euro gained against the dollar on Friday for a second day after the European Central Bank on Thursday exempted euro zone banks from a penalty charge, which analysts say will reduce the currency impact of new stimulus. The ECB on Thursday cut its deposit rate to a record low -0.5% from -0.4% and

FOREX-Euro gains after ECB stimulus disappoints

The euro gained against the dollar on Thursday after the European Central Bank launched new stimulus but failed to live up to some dovish market expectations. The ECB cut its deposit rate to a record low -0.5% from -0.4% and will restart bond pu

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