Euro Seen Snapping Advance on Fed Tapering Bets

Euro Seen Snapping Advance on Fed Tapering Bets

Chris Ratcliffe/Bloomberg

The euro rose almost 5 percent against the dollar in the seven weeks from July 9 to the end of last week and was at $1.3382 as of 1:10 p.m. in Tokyo, little changed from its close on Aug. 23.