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Dollar advances against euro, yen

2009-07-02 16:41:23
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The greenback advanced against the euro and yen Thursday ahead of a euro zone interest rate decision and a report that is expected to show another wave of job losses in the US

Euro fell to $1.4089 in European trade from $1.4146 in New York late on Wednesday. US financial markets will be closed on Friday for Independence Day.

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Against the Japanese currency, the dollar gained to 96.68 yen from 96.64 yen on Wednesday.

The European Central Bank was expected to hold the bloc's main interest rate steady at an all-time low level of 1.0 percent until the effects of unprecedented action to boost lending take hold.




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