Euro, Asian Shares Climb on Spain Bank Bailout; Oil Advances

Euro, Asian Shares Climb on Spain Bank Bailout; Oil Advances

Hannelore Foerster/Bloomberg

The euro strengthened to as much as $1.2671, the highest since May 23. The European currency has fallen 3.5 percent in the past six months, the worst performance among the 10 developed-nation currencies tracked by Bloomberg Correlation-Weighted Indexes.