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FOREX-Dollar rises versus euro as US stocks extend gains

Thu May 15, 2008 1:27pm EDT
 
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NEW YORK, May 15 (Reuters) - The dollar rose versus the euro on Thursday after U.S. stocks extended gains on optimism about potential deals and as oil prices fell further, offsetting weak economic data.

In afternoon trading in New York, the euro was down 0.3 percent at $1.5429 <EUR=> after trading as high as $1.5547. The dollar trimmed losses against the yen and last traded down 0.1 percent at 104.92 yen <JPY=>. (Editing by Kenneth Barry)

 

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