NEW YORK -- The euro rose to an intraday high versus the dollar early in New York after data showing a decline in producer prices.
However, these gains have since faded ahead of key testimony to Congress by Federal Reserve Chairman Ben Bernanke and U.S. Treasury Secretary Henry Paulson on the Emergency Economic Stabilization Act
Mr. Paulson disappointed markets in his last address on the Troubled Asset Relief Program when it became clear that the money will not go toward buying up ...