The European Debt Crisis Eased &Nbsp; The US Dollar Fell 1.05% On Thursday.

Beijing time January 14th morning news, Thursday, Italy and Spain completed the first year of the new year.

The euro closed at $1.3348 on Thursday, up 1.64%.

In a press conference Thursday, Tyse, the European central bank governor, commented on the recent rise in inflation, saying that inflation expectations remain "quite stable", but the European Central Bank is "always on the alert" and is ready to take measures to maintain price stability.

He also said that policy makers "absolutely do not make any presupposition commitment to interest rate decisions before the decision meeting".

Analysts believe that the European Central Bank has abandoned the dovish expectations of inflation.

However, analysts also pointed out that the measures adopted by the European Central Bank may bring some side effects as a result of the unbalanced recovery in the eurozone.

Meanwhile, Italy and Spain completed their respective Treasury auctions on Thursday, with the success of Portugal's successful debt issuance on Wednesday.

EU officials' positive stance on expanding the size of the euro zone financial assistance fund has further helped to boost market confidence.

On the other hand, data from the US Department of labor showed that the number of people who applied for unemployment benefits increased by 35 thousand to 445 thousand last week, the highest level in two months.

Adverse economic prospects have depressed the US dollar trend.

At the close of the foreign exchange market, the US dollar index for tracking six major currencies was 79.19 points, or 1.05%.

In other currencies, the pound traded against the US dollar for 1.5843 dollars, or 0.52%, while the US dollar against Japanese yen was 82.72 yen, down 0.40%; Australian dollar to the US dollar 99.76 cents, up 0.16%.