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Euro gains against U.S. dollar - ASHARQ AL-AWSAT English Archive
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Berlin — The euro continued to scratch back against

the U.S. dollar Wednesday after dropping the day before on

pessimism about the European Union and speculation the

12-nation euro-zone would cut interest rates.

The euro was trading at US$1.2175 early in Europe, up from

US$1.2153 in late New York trading on Tuesday.

The dollar was mixed against other currencies, with the

British pound rising to US$1.8283 from US$1.8271 on Tuesday

and the dollar buying 108.51 Japanese yen, up from 108.30.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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