Euro through $1.15 as dlr gains vs. major currencies By Emily Church
LONDON (CBS.MW) -- The dollar continued to notch steady gains vs. major currencies in the wake of a quarter-point cut to interest rates overnight in the U.S. The dollar's gains were seen bolstering European equities, where losses were trimmed from a sharply lower open. The euro dropped through the $1.15 mark, and was last down 0.4 percent vs. the dollar at $1.1489. The dollar improved 0.35 percent vs. the British pound to $1.67 and was higher vs. the yen.
LONDON (CBS.MW) -- The dollar continued to notch steady gains vs. major currencies in the wake of a quarter-point cut to interest rates overnight in the U.S. The dollar's gains were seen bolstering European equities, where losses were trimmed from a sharply lower open. The euro dropped through the $1.15 mark, and was last down 0.4 percent vs. the dollar at $1.1489. The dollar improved 0.35 percent vs. the British pound to $1.67 and was higher vs. the yen.
