BLBG:Euro Drops Versus Dollar Before Release of German Business Confidence Data
The euro dropped versus the U.S. dollar before a report today that economists said will show business confidence in Germany fell for a second month.
The 17-nation currency fell to $1.4412 at 10:06 a.m. in Tokyo from $1.4442 in New York yesterday.
To contact the reporter on this story: Monami Yui in Tokyo at myui1@bloomberg.net
To contact the editor responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net