Euro rebounds

Published August 1, 2007

LONDON, July 31: The dollar edged higher against the yen on Tuesday and stemmed a fall against the euro following the release of a stronger-than-expected US consumer confidence survey, dealers said.

Europe's single currency climbed to 1.3710 dollars from 1.3697 late on Monday in New York.

The dollar rose to 119.10 yen from 119.03 late on Monday.

The euro was changing hands at 1.3710 dollars, against 1.3697 dollars late on Monday, 163.26 yen (163.05), 0.6737 pounds (0.6764) and 1.6523 Swiss francs (1.6476). The dollar stood at 119.10 yen (119.03) and 1.2028 Swiss francs (1.2028). The pound was being traded at 2.0347 dollars (2.0247).—AFP

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