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Euro up against dollar to $1.4430

Euro up against dollar to $1.4430

The euro climbed against the dollar in light year-end trading in Europe on Tuesday.
The 16-nation euro bought $1.4430 in morning trading, up from $1.4384 overnight in New York. The British pound also climbed to $1.6046, nudging up from $1.6003 in New York late Monday.
The dollar edged up to 91.62 Japanese yen, from 91.59 on Monday.
Also Tuesday, the Mannheim, Germany-based ZEW economic institute predicted the exchange rate between the euro and the dollar would remain largely stable throughout 2010, at a predicted rate of $1.47.
The dollar was battered throughout 2009 by a string of bad U.S. economic data triggered by the global meltdown.


Updated : 2021-06-16 16:44 GMT+08:00