Sun, Jun 03, 2007 - Page 10 News List

Expectations of healthy growth boost US currency

AFP AND CNA , NEW YORK AND TAIPEI

Next week's market focus is on Thursday's meeting of the European Central Bank in which the bank is seen as almost certain to raise its key interest rates to a five-and-a-half-year high to curb inflation in the 13-nation eurozone economy.

In late New York trading, the US dollar stood at 1.2209 Swiss francs from SF1.2250 on Thursday.

The pound was being traded at US$1.9819 after US$1.98.

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