Bloomberg News

Euro Gains on Waning Concern Over European Debt Crisis

By Kristine Aquino
June 05, 2011

June 6 (Bloomberg) -- The euro gained against the dollar amid waning concerns Europe’s debt crisis will worsen.

The shared currency rose to as much as $1.4655, the most since May 5, in early Tokyo trading from $1.4635 in New York last week.

To contact the reporter on this story: Kristine Aquino in Singapore at kaquino1@bloomberg.net

To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net

Business Exchange: What your peers are reading.

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus