Euro Rises for First Time in 4 Days Versus Dollar, Yen on Greece
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The euro snapped three-day slumps against the dollar and the yen amid optimism Greece’s parliament will approve austerity measures to help avert the currency bloc’s first default.
The shared currency rose versus the majority of its most-traded peers as the German government welcomed proposals from French lenders on voluntary participation in a roll-over of Greek debt. Stocks rose. New Zealand’s dollar was the biggest loser against the euro as the nation’s trade surplus narrowed.