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Dollar rises versus Euro on concern Greece’s crisis worsening

14. April 2011. | 07:51

Source: Bloomberg

Author: Julie Hirschfeld Davis, Dennis Fitzgerald

The dollar advanced from the lowest level in 15 months versus the euro on concern Greece’s sovereign-debt crisis may be getting worse and speculation President Barack Obama is seeking more deficit cuts

The dollar advanced from the lowest level in 15 months versus the euro on concern Greece’s sovereign-debt crisis may be getting worse and speculation President Barack Obama is seeking more deficit cuts.

The dollar appreciated 0.2 percent to $1.4446 versus the euro at 1:30 p.m. in New York, from $1.4477 yesterday. It earlier slid to $1.4520, matching the weakest level since January 2010.

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