ednesday, the euro fell sharply against the dollar. Moody's Investors Service, said the Spanish government bonds or the rating will be lowered, Standard & Poor's rating agencies will also be Belgium's debt rating outlook from "stable," citing "not optimistic."
While U.S. economic data today, good, but Moody's and Standard & Poor's warned that the eurozone increased worries about the debt crisis. U.S. economic data on Wednesday showed the New York area manufacturing activity index rebounded in November, after shrinking, the U.S. industrial output fell in November after a slight increase in capacity utilization also rebounded.
European sovereign debt crisis caused investors to worry that the dollar and government bonds less risky assets are sought after. The dollar index climbed 1.1%.
U.S. Senate agrees to vote on a total of 858 billion U.S. dollars of the Bush tax cuts implemented during the time period of two years, just below the U.S. House of Representatives voted by a far-reaching legislation. The program passed in the Senate vote was 81 votes against 19 votes.
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