The dollar rose against the euro and the yen after reports showed a strengthening U.S. economy, rising Treasury yields to a demand for seven months and the improvement of assets denominated in U.S. currency. UU ..
The euro erased earlier gains against the dollar as European Union leaders launch a two-day summit in Brussels with the focus on a permanent system to combat the crisis. The dollar strengthened against most of its counterparts in Treasuries erased gains after housing construction rose more than expected jobless claims declined insurance and regional economic index accelerated at the fastest pace since 2005. The Brazilian real rose...