NEW YORK ? The euro is rising against the dollar on hopes that a new plan to stop Europe's debt crisis from spreading is in the works. A strong start to the U.S. shopping season also helped boost the euro.
Hopes rose Monday that the International Money Fund is putting together a $794 billion rescue package for Italy. Investors are hoping that European leaders will finally agree on a solution to the region's debt crisis.
The euro rose to $1.3337 in midday trading Monday from $1.3230 late Friday.
In the U.S., a retail association said that more shoppers visited stores and websites during the Thanksgiving weekend than last year.
In other trading, the British pound rose to $1.5549 from $1.5433. The dollar rose to 78.04 Japanese yen from 77.76 Japanese yen.
als disease brittany norwood lindsay lohan condoleezza rice road house who do you think you are frank mccourt
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.