Bloomberg News

Euro Extends Gain Versus Dollar as Draghi Says Euro Irreversible

October 04, 2012

The euro extended an advance against the dollar after European Central Bank President Mario Draghi said the common currency is “irreversible.”

The 17-member currency strengthened 0.6 percent to $1.2981 at 1:37 p.m. London time. It rose 0.7 percent to 102.05 yen.

To contact the reporter on this story: Lucy Meakin in London at

To contact the editor responsible for this story: Paul Dobson at

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