Euro extends gains as short-covering picks up pace

TOKYO, June 10 (BestGrowthStock) – The euro extended gains on
Thursday as short-covering picked up pace, helped by comments
from a Chinese pension fund chief who said the single currency
could weather the sovereign debt crisis.[ID:nBJB003864]

The European single currency rose as high as $1.2064 on
trading platform EBS, rising more than one U.S. cent from an
earlier low of $1.1957.

Investment Tools
(Reporting by Satomi Noguchi)

Euro extends gains as short-covering picks up pace