NEW YORK - The euro rose against the dollar, as a dearth of negative news about Europe's debt troubles helped stabilize the common currency.
Newly-appointed Italian Prime Minister Mario Monti won a parliamentary confidence vote that gave him a broad mandate for economic reform. That helped drive Italy's bond yields back below 7%, the psychologically-charged level where Greece and Portugal were once forced to seek international assistance.
Newly-appointed Italian Prime Minister Mario Monti won a parliamentary confidence vote that gave him a broad mandate for economic reform. That helped drive Italy's bond yields back below 7%, the psychologically-charged level where Greece and Portugal were once forced to seek international assistance.
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