Dollar Extends Gains On Euro

(CnnMoney.com) — The euro continued to slide Wednesday after Germany said it would ban short selling on some European bank shares and the zone’s government bonds.What prices are doing: The euro fell 0.1% on the dollar to $1.2188. The European currency touched a new four-year low Tuesday versus the dollar. The dollar rose 0.6% versus the British pound to $1.4255. It was down 1.2% against the Japanese yen at ¥91.15. The dollar is up almost 11% against the euro over the month, as the shared currency has taken a hit on debt concerns.

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