The European single currency rose to 1.2232 dollars from 1.2106 dollars in New York late on Friday. Against the Japanese unit, the dollar increased to 91.88 yen from 91.61 yen.
For more: AFP: Euro strengthens amid upbeat data6/14/10
Euro strengthens amid upbeat data
The euro climbed above 1.22 dollars on Monday as recent upbeat data sparked hope that the eurozone debt crisis will not derail the global economy, analysts said. Sterling meanwhile rallied after the new British government cut state borrowing forecasts, which helped to offset a slashing of growth estimates.
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