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6/29/2017, 5:50 PM (Source: TeleTrader)
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Europe settles with losses as euro trades at one-year high

European equities closed with losses on Thursday with investors digesting share buyback plans from several of the biggest banks in the United States.

The DAX bled 1.83% as Infineon lost 3.65%. RWE and Beiersdorf followed with decreases of 3.23% and 3.22%, respectively. 

The CAC 40 fell 1.88% as Bouyges dropped 3.81%.

The FTSE 100 declined 0.51% with Micro Focus International being the worst performer whose stocks lost 3.79%.

The euro grew 0.4% against the dollar, changing hands for 1.142 and trading at a one-year high. Earlier today, the Eurozone currency reached levels from may 2016.

Breaking the News / DN