Economic news

Euro surges amid rising political risks

The euro advanced on Monday as a drop in U.S. Treasury yields weighed on the dollar, but trading was relatively soft ahead of comments by central bankers and election Italy this week.

Photo: Reuters

The single currency rose 0.3 percent to $1.2334. 

The dollar index slipped 0.2 percent to 89.685 .DXY.

The greenback dipped 0.1 percent against the yen to 106.65 yen.

April gold jumped 0.9 percent, to $1,342.20 an ounce, and March silver leaped 1.3 percent, to $16.69 an ounce.


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