Euro jumps to 11-month high against dollar
By
Topics: From the Wires, News
NEW YORK (AP) — The euro hit an 11-month high against the dollar after the European Central Bank said that banks were expected to pay back emergency loans faster than expected, increasing confidence that Europe’s debt crisis is easing.
Traders also bought the euro on better-than-expected German business confidence figures for January.
The euro rose as high as $1.3479, the highest since Feb. 2012. The euro was worth $1.3371 late Thursday.
The dollar jumped to 91.19 Japanese yen, its highest point against the dollar since June 21, 2010, after Japan said its consumer prices fell in 2012 for the fourth straight year. The dollar was worth 89.96 yen Thursday.
Related Stories
More Related Stories
-
Mississippi could begin prosecuting women for miscarriages
-
Teenage girl claims she was beaten up for looking like Taylor Swift
-
UK Military: London attack victim was a "model soldier"
-
Billionaire hedge funder: Babies, breast-feeding "kill" focus, keep women from succeeding
-
"Bookless library" set to open in Texas
-
2 more arrested in London attacks
-
Glenn Beck: CNN interview with atheist tornado survivor was a setup!
-
Incoming BBC news director on journalism gender gap: "We can do better"
-
Illegal construction, shoddy materials at fault in Bangladesh factory disaster
-
Ahead of Obama's speech, U.S. acknowledges four American drone killings
-
Must-see morning clip: Bill O'Reilly visits "The Daily Show"
-
Lawsuit alleges anti-gay hiring practices at ExxonMobil
-
Boy Scouts poised to vote, still greatly divided on gay youth
-
House supporters of KXL received $56m from fossil fuel industry
-
80-year-old becomes oldest to climb Mount Everest
-
Before FBI shooting man implicated self, Tsarnaev in triple murder
-
Paul McCartney backs Pussy Riot
-
UK emergency committee convenes after attack
-
Brave scout leader tried to reason with London attackers
-
If Alex Pareene were a cable news executive...
-
El Salvador court delays ruling on abortion case while woman's life hangs in the balance
Featured Slide Shows
The week in 10 pics
close X- Share on Twitter
- Share on Facebook
- Thumbnails
- Fullscreen
- 1 of 11
- Previous
- Next
-
Lisa Montgomery embraces her nephew Thursday after a tornado tore apart her home in Cleburne, Texas. The twister killed six people and destroyed entire swaths of the North Texas town.
Credit: AP/LM Otero -
Jack McMahon, the defense attorney for abortion doctor Kermit Gosnell, speaks outside the Criminal Justice Center in Philadelphia Tuesday. His client was convicted of killing three babies in his clinic, and will serve multiple life sentences.
Credit: AP/Matt Rourke -
A photo taken Monday captures Vice President Joe Biden's response to a Milwaukee second-grader's innovative proposal to end America's epidemic of gun violence. This guy!
Credit: AP/Jenny Aicher -
Sen. Rand Paul, R-Ky., flanked by a grouper-eyed Michele Bachmann, addresses the IRS' admission that it targeted Tea Party groups in advance of the 2012 election. In an op-ed for CNN Thursday, the Kentucky senator slammed the president for his faux outrage.
Credit: AP/Molly Riley -
Ousted IRS chief Steven Miller is sworn in on Capitol Hill Friday. Miller testified before the House Ways and Means Committee on the extra scrutiny the agency gave conservative groups applying for tax-exempt status.
Credit: AP/J. Scott Applewhite -
Attorney General Eric Holder pauses as he testifies on Capitol Hill before the House Judiciary Committee Wednesday. Holder is under fire, among other things, for the Justice Department's gathering of phone records at the Associated Press.
Credit: AP/Carolyn Kaster -
O.J. Simpson sits during an evidentiary hearing at Clark County District Court in Las Vegas, Nev., Thursday. Simpson, who is currently serving a nine-to-33-year sentence in state prison for armed robbery and kidnapping, is using a writ of habeas corpus to seek a new trial.
Credit: AP/Las Vegas Review-Journal/Jeff Scheid -
Major Tom to ground control: On Sunday astronaut Chris Hadfield recorded the first music video from space, a cover of David Bowie's "Space Oddity."
Credit: AP/NASA/Chris Hadfield -
When it rains it pours. President Barack Obama speaks during a news conference Thursday with Turkish Prime Minister Recep Tayyip Erdogan, inexplicably inspiring an #umbrellagate Twitter meme.
Credit: AP/Jacquelyn Martin -
A smoke plume rises high above a road block at the intersection of County A and Ross Road east of Solon Springs, Wis., Tuesday. No injuries were reported, but the the wildfire caused evacuations across northwestern Wisconsin.
Credit: AP/The Duluth News-Tribune/Clint Austin -
Recent Slide Shows
- Share on Twitter
- Share on Facebook
- Thumbnails
- Fullscreen
- 1 of 11
- Previous
- Next
Related Videos
Most Read
-
Tornado survivor to Wolf Blitzer: Sorry, I'm an atheist. I don't have to thank the Lord
Mary Elizabeth Williams
-
9-year-old slams Rahm over Chicago schools
Natasha Lennard
-
Oklahoma senator: Tornado aid "totally different" from Sandy aid
Jillian Rayfield
-
Experts: Fox News spying scandal a game-changer
Natasha Lennard
-
Judge tells lesbian couple to separate -- or lose kids
Irin Carmon
-
Inhofe and Coburn: Red state hypocrites
Joan Walsh
-
Greek yogurt, toxic waste hazard?
Kristen Gwynne, AlterNet
-
Facebook's hate speech problem
Mary Elizabeth Williams
-
Brad Pitt keeps breaking his silence on how boring marriage to Jennifer Aniston was
Daniel D'Addario
-
Did a Salon excerpt ruin Penn Jillette's chance to win "Celebrity Apprentice"?
Daniel D'Addario
Popular on Reddit
links from salon.com

1235 points1236 points1237 points | 578 comments

774 points775 points776 points | 198 comments
From Around the Web
Presented by Scribol
- Ancient cave paintings found in northeastern Mexico
- Russian rejects parole request by hunger-striking Pussy Riot member Maria Alyokhina
- Sevan Nisanyan: Turkish-Armenian blogger jailed for blasphemy
- Boy Scouts lift ban on openly gay boys
- Valery Giscard d'Estaing: Former French president attacked by panda


Comments
0 Comments