Euro up at USD 1. 2860

(AGI) Rome, Sept. 23 - The euro ended the trading day on apositive note, exchanged at USD 1.2860 and at 139.98 yen afterreaching a day's high of USD 1.29. This was linked to profittaking and the tendency remains favourable to the dollar to theextent that the Chairman of the New York Federal Reserve,William Dudley, expressed concern over the consequences aexcessively high dollar would have for the economy. This was astatement indicating that the Federal Reserve is in no hurry toraise interest rates. The dollar was down against the yen at108.85. .

(AGI) Rome, Sept. 23 - The euro ended the trading day on apositive note, exchanged at USD 1.2860 and at 139.98 yen afterreaching a day's high of USD 1.29. This was linked to profittaking and the tendency remains favourable to the dollar to theextent that the Chairman of the New York Federal Reserve,William Dudley, expressed concern over the consequences aexcessively high dollar would have for the economy. This was astatement indicating that the Federal Reserve is in no hurry toraise interest rates. The dollar was down against the yen at108.85. . .