Euro Rises To 11-Week High Against The Dollar

By: AP
By: AP
To join the conversation on this story and others, "like" our KKTV 11 News Facebook page!

NEW YORK (AP) -- The euro rose to an 11-week high against the dollar on increasing optimism about the global economy.

Investors are also looking ahead to a weekend meeting of the finance ministers from the world's 20 leading economies.

The euro rose to $1.3466 in afternoon trading Friday from $1.3337 late Thursday. The euro rose as high as $1.3486 earlier in the day, its highest point since Dec. 5.

The euro rose to a two-month high on Thursday after business confidence surged in Germany. Investors interpreted the results that Germany is recovering even as many other countries that use the euro are struggling.

The dollar is also falling against the British pound and Swiss franc.

KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.

If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.

powered by Disqus
KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 140319833 -
Gray Television, Inc.