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FOREX-Dollar rebounds versus euro as stocks rise

Wed May 14, 2008 10:09am EDT
 
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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.

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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