Bloomberg News

Euro Rises Versus Dollar, Yen as Asian Stocks Advance

October 24, 2011

Oct. 24 (Bloomberg) -- The euro climbed against the dollar and yen as gains in Asian shares supported demand for riskier assets.

The 17-nation currency reversed an early loss against the greenback, rising 0.3 percent to $1.3935 as of 7:01 a.m. in London. The euro advanced 0.3 percent to 106.29 yen.

The MSCI Asia Pacific Index jumped 2.7 percent today.

To contact the reporter on this story: Monami Yui in Tokyo at myui1@bloomberg.net

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


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus