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August 04, 2007
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Saturday
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Rajab 19, 1428
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Euro gains
LONDON, Aug 3: The European single currency advanced against the dollar on Friday, after news that US employers added a weaker-than-expected number of jobs in July, underlining the weak state of the US economy.
The jobs reading sent the euro climbing as high as $1.3791, its highest level for 10 days, compared with $1.3703 in New York late on Thursday. In closing deals the euro was changing hands at $1.3787. The dollar also dropped to 118.43 yen, compared with 119.19 late on Thursday.—AFP
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