The euro rose against the U.S. dollar Friday after the European Union reported a surge in November inflation for the euro zone.
The 13-nation currency bought US$1.4768 in morning trading, up slightly from US$1.4753 late the day before in New York. The British pound rose to US$2.0686 from US$2.0613 on Thursday, while the dollar rose to purchase 110.57 Japanese yen from 109.84 yen in New York.
The euro's rise came after …

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