Euro Erases its Gains From Early Asian Trading Versus Dollar and Yen

By Monami Yui - Nov 7, 2011 6:44 AM GMT+0700

The euro erased its gains from earlier today versus the dollar and yen.

The 17-nation currency was at $1.3797 at 8:41 a.m. in Tokyo, little changed from $1.3792 on Nov. 4 in New York, after earlier rising 0.3 percent to $1.3838. The euro bought 107.80 yen from 107.88 in New York. It climbed to as high as 108.20 yen earlier.

To contact the reporter on this story: Monami Yui in Tokyo at myui1@bloomberg.net

To contact the editor responsible for this story: Jonathan Annells at jannells@bloomberg.net