Bertie
04-20-2007, 03:23 PM
The euro crept closer to its all-time high against the dollar, extending its two-year peak as stock markets steadied after Thursday's anxious session.
ADVERTISEMENT
Comments from Axel Weber, the German central banker and member of the European Central Bank's governing council, helped spur the single currency along. He mentioned an "extremely positive" outlook for the eurozone and added there were price risks in the medium term that needed to be countered.
Against the dollar, the euro climbed 0.2 per cent to $1.3637 a new two-year peak and less than half a cent from a new record.
http://news.yahoo.com/s/ft/20070420/bs_ft/fto042020070624442825
ADVERTISEMENT
Comments from Axel Weber, the German central banker and member of the European Central Bank's governing council, helped spur the single currency along. He mentioned an "extremely positive" outlook for the eurozone and added there were price risks in the medium term that needed to be countered.
Against the dollar, the euro climbed 0.2 per cent to $1.3637 a new two-year peak and less than half a cent from a new record.
http://news.yahoo.com/s/ft/20070420/bs_ft/fto042020070624442825