MW: Euro gains vs. dollar after IMF comments on Greece
By Myra P. Saefong
SAN FRANCISCO (MarketWatch) -- The euro gained more ground against the U.S. dollar Friday as comments from the International Monetary Fund on Greece buoyed confidence in the single currency. The IMF said Greece has made commitments to accelerate a privatization program to raise about 50 billion euros ($72 billion) by 2015. The euro EURUSD +0.8075% reached a high of $1.4607 and was last at $1.4598, after trading around $1.4580 shortly before the IMF news. The euro traded at $1.4484 late Thursday.
