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FOREX-Dollar rebounds versus euro as stocks rise

Wed May 14, 2008 10:09am EDT

NEW YORK, May 14 (Reuters) - The dollar rebounded against the euro on Wednesday as U.S. stocks extended gains and shrugged off a report showing tame reading on U.S. consumer prices in April.

Currencies  |  Global Markets

The euro traded down 0.1 percent at $1.5443 after earlier trading as high as $1.5486 EUR= The dollar was up 0.3 percent at 105.10 yen JPY=.

(Reporting by Lucia Mutikani; Editing by Theodore d'Afflisio)

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