The euro is trading higher against the U.S. dollar as European countries move ahead with a bailout fund for the 16-nation eurozone. The euro bought $1.1965 in morning European trading Wednesday, up from $1.1925 late in New York the night before. The British pound is up to $1.4420 from $1.4382 in New York, while the dollar is up slightly to 91.36 Japanese yen from 91.29 the night before.
For more: Euro rises vs US dollar-Forex-Markets
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