Middle-east Arab News Opinion | Asharq Al-awsat

Euro gains against U.S. dollar | ASHARQ AL-AWSAT English Archive 2005 -2017
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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.