Bloomberg News

Euro Pares Advance Versus Dollar, Yen as Asia Stocks Retreat

October 17, 2011

Oct. 18 (Bloomberg) -- The euro pared early gains against the dollar and yen as Asian shares extended a global slump, curbing demand for riskier assets.

The 17-nation currency rose 0.2 percent to $1.3757 as of 11:36 a.m. in Tokyo from the close in New York yesterday, after earlier rising as much as 0.4 percent. The euro was up 0.1 percent to 105.68 yen.

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


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