The euro has retrieveed some ground overnight against the dollar after falling below 1 [euro] = $114 for the first time since late September yesterday.

The euro has retrieveed some ground overnight against the dollar after falling below 1 [euro] = $114 for the first time since late September yesterday.

There was little market reaction to yesterday's widely look forward toed news that the European Central Bank left eurozone interest rates unchanged at 2% of recent origin ECB president Jean-Claude Trichet gave a able-bodied indication that rates will be held at this flush into the second half of 2004 Sterling drew an strength from the likewise widely anticipated decision of the