Dollar Strengthens as Europe’s Debt Crisis Boosts Demand for Safer Assets

The dollar rose against the euro and yen as Europe’s debt crisis spurred demand for safer assets. The U.S. currency gained to $1.4140 per euro as of 9:26 a.m. in Tokyo from $1.4188 in New York last week. It traded at 80.73 yen from 80.43.