Euro exchange rate against the U.S. dollar last Tuesday (Wednesday morning GMT ) , although there are cues from the European Central Bank ( ECB ) that it is preparing measures to combat deflation .
At 21:00 GMT ( Wednesday at 4:00 pm ) , the euro was at 1.3825 dollars , barely down from 1.3839 dollars late Monday , AFP reported .
The euro also slipped slightly against the Japanese currency, to 141.36 yen from 141.49 yen .
Dollar - yen exchange rate was flat at 102.25 yen against the greenback .
ECB President Mario Draghi said on Tuesday that the European Central Bank will do what is needed to maintain price stability .
" If any downside risks to the scenario ( our inflation ) appears , we are ready to take measures that ensure additional monetary policy mandate we met . "
And ECB Governing Council member Josef Makuch , Slovakia 's central bank chief , echoed the sentiment , perhaps pointing to the quantitative easing program to hold interest rates low , or even , some speculate , take a negative interest rate .
ECB policy makers " ready to adopt measures to prevent the standard angkah not slip into a deflationary environment , " Makuch said in Bratislava .
" The ECB has a lot of steps in the hand , including putting more money into circulation . Their use depends on the situation . Libih If circumstances require a lot of liquidity , then I have no reason not to support it , " he said .
The British pound rose to 1.6528 dollars from 1.6498 dollars , while the dollar rose to 0.8826 Swiss francs from 0.8808 francs .
Stocks on Wall Street ended higher on Tuesday (Wednesday morning GMT ) , driven by biotechnology companies and other high-tech equity after a two- day slump .
The Dow Jones Industrial Average rose 91.19 points ( 0.56 percent ) to close at 16367.88 , AFP reported .
The broad-based S & P 500 rose 8.18 points ( 0.44 percent ) to finish at 1865.62 while the tech -heavy Nasdaq composite index increased 7.88 points ( 0.19 percent) to 4234.27 .
Looks choppy trade on Tuesday , with the Nasdaq turning negative territory at mid-day before returning to positive territory in the afternoon .
Shares of the biotechnology sector to avoid another round of deep losses after posting a big drop on Friday and Monday . Gilead Sciences and Celgene rose 1.3 percent jump
2.1 percent , but down 0.3 percent Biogen and Amgen lost 0.5 percent .
Art Hogan , chief market strategist at Wunderlich Securities , said the shift of biotech over the past three days " may be a healthy step " because it shows the weakness of the sector could experience without a " collapse " in the overall market .
But some analysts fear that the biotech sector slowdown is deeper setback signals from stocks and other risky assets .
" It makes me very worried , " said Mace Blicksilver , director of Marblehead Asset Management .
IBM led the Dow , posted an increase of 3.6 percent since the company announced a series of new initiatives , including a joint venture with Pitney Bowes to provide " cloud " is more appropriate for insurance companies , telecommunications and other customers .
" IBM is showing all the most modern technology today, and the market is paying the Big Blue back with a serious boost the stock price , " said Motley Fool .
Other winners included Cisco Systems in the Dow rose 3.6 percent and drug company Johnson & Johnson Merck rose 2.3 percent and 2.6 percent increases .
General Motors fell 1.8 percent after reporting new lawsuits related to the withdrawal of massive vehicles , including a lawsuit against the company over damage to the ignition switch technology that certainly leave the driver 's death .
Drugstore chain Walgreen profit missed analysts' estimates by two cents with profit of 91 cents per share , but said it was a record in quarterly sales . Its shares rose 3.3 percent .
Carnival estimates full-year profit of 1.50 to 1.70 U.S. dollars per share , below the U.S. $ 1.73 expected by analysts . The shipping company has slashed its pricing following the high -level issues on some cruise . Its shares fell 5.0 percent .
Bond prices fell slightly . The yield on U.S. 10-year bonds rose to 2.74 percent from 2.73 percent on Monday , while the 30 - year bond rose to 3.58 percent from 3.57 percent . Prices and bond yields move inversely .
Gold futures on the COMEX division of the New York Mercantile Exchange to the outside of the five -week lows on Tuesday (Wednesday morning GMT ) , as mixed economic data .
The most active gold contract for April delivery rose 0.2 dollars, or 0.02 percent, to close at 1311.4 U.S. dollars per ounce , Xinhua reported .
The U.S. Commerce Department on Tuesday reported that new U.S. homes sold at an annual rate reached 440,000 in February , down 3.3 percent from a year high in January .
Meanwhile, the composite index of 20 cities S & P / Case - Shiller released Tuesday showed that home prices in the U.S. fell 0.1 percent in January for a third month in a row . The grim economic data that supports the gold price .
However , the Conference Board said Tuesday that its consumer confidence index reached 82.3 in March , the highest level since January 2008 , and higher than an upwardly revised 78.3 in February .
Physical demand for gold also remained strong . Reports say that Iraq has bought 36 tonnes of gold this month , the biggest purchase in three years .
Gold holdings in the SPDR Gold Trust exchange-traded increased to 821.5 tonne on Monday , up 4.5 tons from last Friday . Market analysts attribute them to the growing confrontation between Russia and the Western countries .
While silver for May delivery lost 8.8 cents, or 0.44 per cent to close at 19.979 dollars per ounce . While platinum for April delivery fell 10.3 dollars, or 0.72 percent, to close at 1420.9 U.S. dollars per ounce .
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