Markets
Euro gains further against dollar rise 1pc
NEW YORK : The euro extended gains versus the US dollar to rise 1 percent in early morning trade on Monday.
Data show
NEW YORK: The euro extended gains versus the US dollar to rise 1 percent in early morning trade on Monday.
Data showing foreigners were net sellers of all US assets in June for a second straight month and weakness in manufacturing in New York State weighed on dollar sentiment.
The euro rose as high as $1.43971 on trading platform EBS, near the top of the recent trading range around the $1.44 level. It was last at $1.4392, up 1 percent on the day.
Copyright Reuters, 2011
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