Euro Gains Over Dollar
Euro

The Euro has gained over Dollar in European morning trade, reaching $1.3570 late Thursday in New York.

The British Pound is buying $1.5260 from $1.5246, while the Dollar is worth 89.29 Japanese Yen, up from 89.13.

Earlier this week, Federal Reserve Chairman, Ben Bernanke had said that interest rates would remain low for some time. Keeping rates low can weigh on the dollar as investors seek higher returns in other markets.

European debt concerns, particularly Greece's, also weighed on the Euro Friday.

German Chancellor, Angela Merkel said this week that Greece's problems have to be tackled at the root, but that the Euro will come through the current problems.

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