Markets

Euro holds gains vs dollar after US economic data

Published November 29, 2012 Updated November 29, 2012 02:07pm

 

Data showed US initial jobless claims fell for a second straight week, while the economy grew faster than initially thought in the third quarter. The report suggested that the world's largest economy was on a stable path to recovery.

 

The euro was up 0.3 percent at $1.2993, while the dollar was slightly higher versus the yen at 82.100 yen.

 

Copyright Reuters, 2012