BLOOMBERG The euro rallied against the US dollar for the first time in eight months as concern eased that the 16-nation region’s sovereign-debt crisis will worsen and spread to the global economy. The US dollar dropped last month against all of its most-traded counterparts before next week’s payrolls report as US Federal Reserve Chairman Ben Bernanke testified last week that “the economic outlook remains unusually uncertain.” The greenback on Friday slid below ¥86 for the first time this year as...
Full Story: Taipei Times
