Dollar slips

Published April 5, 2006

LONDON, April 4: The dollar fell to near 10-week lows against the euro Tuesday as data reinforced expectations that the interest rate differential between the world’s two largest trading blocs would narrow more quickly than many thought. The euro surged to $1.2252 in European trading from $1.2139 late on Monday in New York.

The dollar slipped to 117.48 yen, from 117.65 on Monday.—AFP

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