Euro Increases Versus Dollar as Italy Meets Maximum Target at Bill Auction  

The euro rose against the dollar after yesterday’s biggest drop in more than a year as Italy raised the full amount it planned at a bill sale, easing concern the nation is struggling to fund itself.  http://www.bloomberg.com/news/2011-11-09/euro-drops-to-two-week-low-versus-yen-before-italy-auctions-one-year-bills.html

 

Oil rose in New York on speculation Europe’s economy may weather the region’s debt crisis, as equity markets erased earlier losses and the euro recovered against the dollar.   http://www.bloomberg.com/news/2011-11-10/crude-oil-rebounds-as-equities-pare-losses-euro-recovers-against-dollar.html
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