April 25, 2008	Friday	Rabi-us-Sani 18, 1429

LONDON, April 24: The dollar gained on the euro Thursday on speculation the US Federal Reserve might soon call a halt to interest rate cuts and following a disappointing report on German business confidence.

The single European currency, which on Thursday broke through the 1.60-dollar threshold for the first time, was down to $1.5649 in late trade against $1.5882 late Wednesday in New York.

The dollar had meanwhile rose to 104.39 yen from 103.51 en on Wednesday.—AFP