Economic news

Review: Euro extends gains, investors sell dollar

The euro rose to a 2-1/2-year peak versus the dollar on Monday after the ECB President Mario Draghi did not stress the single currency strength, speaking at the Jackson Hole conference.

The euro climbed to $1.1924 after touching $1.1966, its highest level since January 2015.

The dollar index slumped 0.25 percent against a basket of its major rivals to 92.501.

The greenback slid 0.2 percent against yen to 109.175.

Sterling slipped 0.1 percent to $1.2884.


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