Finally Italy successfully auctions €8billion of bills, Euro climbs because the traders take the opportunity

Latest economic news from Rome we reporting, finally Italy successfully auctions €8bn of bills, Investors focus on prospect of European Central Bank buying short-dated sovereign debt soon as part of efforts to tackle eurozone crisis

Meanwhile, Eurozone currency Euro climbs on hopes of ECB action, The single currency rises as traders take the opportunity to buy into recent pledges from the central bank to strengthen the permanent rescue fund for worsen economic crisis