BLBG:Euro Advances Versus Dollar, Yen Before ECB Loan Results, as Stocks Rally
The euro advanced as Asian stocks rose and before the European Central Bank announces results of its first tranche of unlimited three-year loans.
The common currency rose 0.3 percent to $1.3115 and 0.2 percent to 102.08 yen as of 9:15 a.m. in Tokyo from yesterday in New York.
The MSCI Asia Pacific Index of stocks climbed 1.1 percent.
To contact the reporter on this story: Candice Zachariahs in Sydney at czachariahs2@bloomberg.net
To contact the editor responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net