Monday, February 16, 2015

Euro up against dollar on Ukraine deal

10:15 AM

Forex tips

The euro ticked up against the dollar on Friday on news of a plan to end Ukraine's 10-month war and hopes that Greece will hammer out a debt overhaul with its European creditors and weak US retail sales data. In Tokyo the euro bought $1.1427, up from 1.1406 in New York, while the greenback also was at 118.59 yen from 118.97 yen, and sharply down from 120.27 yen in Tokyo earlier on Thursday. The single currency also fetched 135.46 yen compared with 135.70 yen. Investors confidence got a boost Thursday the announcement that Ukraine, Russia, France and Germany had reached a deal to end the conflict between Kiev and pro-Moscow rebels.

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