Bloomberg News

Euro Advances Against Dollar, Yen Before EU Summit

December 07, 2011

Dec. 7 (Bloomberg) -- The euro advanced versus the dollar and yen amid speculation Europe will expand funds available to the region’s most-indebted nations as leaders prepare to meet in Brussels tomorrow.

The 17-nation currency rose 0.3 percent to $1.3436 as of 3:21 p.m. in Tokyo and strengthened 0.3 percent to 104.43 yen.

To contact the reporter on this story: Candice Zachariahs in Sydney at czachariahs2@bloomberg.net

To contact the editor responsible for this story: Jonathan Annells at jannells@bloomberg.net


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