Euro advances against its peers on growing hopes for Spain and Portugal

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
The euro advanced against the dollar and yen as the parliament of Portugal is approaching to a consensus on its budget and a discussion over giving more time to Greece to meet the austerity measures has started. The single currency inched up 0.2 per cent to $1.2989, after having a 0.4 per cent gain the prior day. The currency also rallied 0.6 per cent versus the yen to 103.80, reaching its strongest level since early May.
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